Birdwatch Note Rating
2023-10-14 14:46:44 UTC - HELPFUL
Rated by Participant: 719260063A068B62F507E549C70C7C6D6DD0A1332EB7A31D40B712CC8DDFE93A
Participant Details
Original Note:
Shelter is a major part (42%) of the CPI indicator. Federal Reserve Bank of Boston estimates that "the headline CPI and core CPI will be 1.05 and 1.34 percentage points higher, respectively, from September 2022 to September 2023 as a result of above-average shelter inflation." https://www.bostonfed.org/publications/current-policy-perspectives/2023/forecasting-cpi-shelter-under-falling-market-rent-growth.aspx
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