Birdwatch Note Rating
2023-10-13 15:24:01 UTC - HELPFUL
Rated by Participant: CF0534E6657E18817188ECC7ACDB66F5973A630599973AE8626469CD8269FF98
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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