The New York Stock Exchange on the 15th showed an improving trend in indicators showing consumer concerns about future inflation, so caution against excessive monetary tightening has once receded, and the Dow Jones Industrial Average is 600 dollars. It was a significant price increase that exceeded.
The closing price of the Dow Jones Industrial Average on the New York Stock Exchange on the 15th was 31,288.26 cents, which was 658.09 cents higher than the previous day.
In this week's market, the Fed's rate of increase in consumer prices reached a record level on the 13th, and the Fed jumped at a meeting in late July to raise rates by 1%, four times the normal rate. There was widespread caution that it might be decided.
However, in addition to the retail sales exceeding market expectations announced on the 15th, there was an improvement trend in the index called "inflation expectations" that shows consumer concerns about future inflation. As a result, the predominant view was that the Fed's rate hike would be 0.75%, the same as last time, and a wide range of stocks were repurchased.
Market officials said, "Although caution against excessive monetary tightening has receded, it is likely that inflation and economic trends will continue to be closely watched."
On the other hand, in the foreign exchange market, the yen exchange rate temporarily rose to the mid-138 yen level per dollar.