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According to the survey, US inflation rose sharply in May following April. It is predicted that the United States, which is releasing astronomical money in the market to overcome Corona, will reduce its financial expenditures soon.
Correspondent Kim Jong-won from New York.
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US consumer price index in May soared 5% from the previous year.
This is higher than the inflation rate of 4.2% in April, which raised concerns about inflation, and broke the record for the largest increase in 13 years since 2008, right after the financial crisis, in just one month.
Inflation in almost all fields, including airfare, food, raw materials, and services, including the used car market, where prices rose by 30% from the previous year, showed a sharp increase compared to the previous year.
[William Foster / Moody's Vice President: people want to go back to normal, such as people gather again at the restaurant, and while the summer months while always going to travel has increased greatly in demand, such as travel and catering sector -
recovering economy which was capped with Corona quickly Some analysts say that it is a temporary phenomenon, but there are also many voices saying that inflationary pressure has begun because the inflation rate has exceeded market forecasts and is breaking records every month.
Analysts suggest that the Federal Reserve, the central bank of the United States, has begun preparations for the so-called 'tapering' to reduce the amount of money released in the market by reducing the government's asset purchases.
Tapering is a pre-stage of an interest rate hike, and when implemented, it may cause fluctuations in the stock market or bonds, which may affect the global economy, including Korea.
However, as some analysts say that the economy has not fully recovered, with employment data still below expectations, the prevailing view is that the Fed will not raise rates immediately.