Birdwatch Note Rating
2024-04-11 03:46:52 UTC - HELPFUL
Rated by Participant: 989E7636C637E27F45A0E3BCCCBFF0D12B75881CBBC1EDB91009230DE3FDEDD6
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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