Birdwatch Note Rating
2024-04-11 02:47:19 UTC - HELPFUL
Rated by Participant: 931B23704963D727945732F9AE3ED9013039F9582E3A431E36729EF6BA250314
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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