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A comment on Inflation rose 9.1% in June, even more than expected. Parent comment

Re:Inflation rose 9.1% in June, even more than expected by jbay808 on Wednesday July 13, 2022 @02:13PM (#32086616)
Gas is pulling up the CPI right now, but it's always volatile. Shelter is slow, strongly linked to monetary policy, and the highest-weighted component in the CPI basket, and it's up 5.6% YoY, with a lot of inertia to keep growing. That suggests to me, in a back-of-a-napkin way, that about half of the current inflation is due to monetary policy.
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Re:Inflation rose 9.1% in June, even more than expected by gizmo686 on Wednesday July 13, 2022 @02:59PM (#32087269)
Shelter tracks CPI less energy pretty closely, especially during the recent surge: https://fred.stlouisfed.org/graph/?g=RJqZ
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