Last month's consumer price index in the United States rose 7.5% compared to the same month of the previous year, reaching a record level for the first time in almost 40 years.
Is it possible to curb inflation early? Steering central bank policies is becoming more important.
Last month's consumer price index, released by the US Department of Labor on the 10th, rose 7.5% from the same month last year, the highest level in almost 40 years since February 1982.
In the United States, supply has continued to be unable to keep up with the rise in demand accompanying the economic recovery, and prices have risen sharply. In December last year, the rate of increase reached the 7% level, and this time the growth further expanded.
In order to solve the serious labor shortage, wage increase competition has occurred among companies, and there is a movement to pass on the increase in cost to the commodity price, and the crude oil price is rising due to the situation in Ukraine. That is also spurring inflation.
By item,
▽ "gasoline" increased by 40.0%,
▽ "food" increased by 7.0% , and
"rent" also increased by 3.8%.
The Fed, the central bank, is expected to raise rates at a meeting next month to curb record inflation.
In the financial markets, there is a view that the rate of increase in the policy interest rate will be 0.5%, which is larger than usual, in order to respond quickly, and policy steering is becoming more important.