In the New York stock market on the 21st, the FRB = Federal Reserve Board decided to raise interest rates sharply, and concerns about an economic slowdown increased, and the Dow Average stock price dropped significantly over $ 500.
In the foreign exchange market, the yen depreciated for a while, and then traded in a mix of buying and selling.
In the New York stock market on the 21st, the Fed decided to raise interest rates by 0.75% for the third time in a row, and as concerns about a slowdown in the economy grew, selling orders swelled.
The Dow Jones Industrial Average closed at $30,183.78, down $522.45 from the previous day.
In the New York foreign exchange market, immediately after the interest rate hike was announced, the yen exchange rate temporarily fell to 144.70 yen to the dollar due to the growing awareness of the widening interest rate differential between Japan and the United States.
However, after that, there was a movement to sell the dollar and buy the yen due to concerns about the economic slowdown in the United States due to interest rate hikes, and the yen exchange rate is trading at around 144 yen to the dollar.
A market insider said, ``The outlook for the policy interest rate was announced by the participants of the Fed's meeting, and there was a perception that it was higher than expected. I'm talking to