On the 16th, the Dow Jones Industrial Average fell after the Fed, the central bank of the United States, held a meeting of the Federal Reserve Board of Governors to advance the forecast of when the zero interest rate policy would be lifted.

On the 16th, the Dow Jones Industrial Average temporarily dropped by more than $ 380 when the results of the Fed's meeting were announced.



After that, there was a buy-back movement, and the closing price was $ 34,033,67, which was $ 265,66 lower than the previous day.



In addition, in the New York foreign exchange market, there was a movement to buy dollars and sell yen, and the yen exchange rate was in the high 110 yen range per dollar.



Market officials said, "In response to the results of the Fed's meeting, a sell order was placed saying that the policy interest rate would be raised earlier than expected, but given the favorable recovery trend of the US economy, monetary policy is heading toward normalization. It was taken for granted, and the stock price did not fluctuate sharply. "