<Anchor>
The US consumer price index rose 9% last month from a year ago.
Although the US government has raised interest rates a lot to keep inflation in check, inflation has risen more than expected.
First, let's look at the coverage of New York correspondent Kim Jong-won, and then we'll link to the US.
<Reporter>
Discounted sweets displayed at the entrance of the mart.
Even with a discount on a large package of shrimp crackers, it's $8.99, or 12,000 won in our money.
Last April alone, it was $6.99, but a bag of sweets has risen by $2 in three months, showing how steep the US inflation rate is.
About a year ago, when American prices started to rise unexpectedly, this steakhouse also raised the menu price by about $2, so I came here to deliver the news.
In response to soaring prices, we recently raised the price of our steak by about $3 more.
Even in the United States, where meat is relatively cheap, the price of steak has risen 13% in just one year.
The U.S. consumer price index rose 9.1% in June from a year earlier.
It not only rose more than last month's 8.6%, the highest since 1981, but also beat the market's forecast of 8.8%.
Inflation has become steeper, up 1.3% from a month ago.
Energy prices have risen by 42% from a year ago, while food prices have also risen by more than 12%, taking a direct blow to the economy of the working class.
[Fukan/Consumer: If you go shopping, you can feel that the price has increased by 20%, and in some cases even by 10% to 30%.
(If the price had been a little cheaper, would I have shopped more?) Of course.
sure.
If it had been cheaper, I would have bought more.]
Ahead of the midterm elections, President Biden was dissatisfied with the statistics.
In this announcement, he countered that gasoline prices, which had recently dropped slightly, were not reflected, and that it was the result of an outdated investigation.
[Kamala Harris/Vice President of the United States: The figures released today do not include the recent drop in gasoline prices.
The average price of gasoline across the country has fallen every day for nearly 30 days.]
With the core price index excluding energy and food rising 8% over the past three months, the outlook is strong that the overall inflation rate is unlikely to catch on anytime soon.
(Video coverage: Lee Sang-wook)
---
<Anchor>
Let's continue the story of the US economy with New York correspondent Kim Jong-won.
Correspondent Kim Jong-won, The world is in an uproar because of inflation, so the US has recently raised interest rates aggressively, but looking at today's statistics, it doesn't seem that effective.
<Reporter>
Yes, it is the central bank of the United States. The Federal Reserve took a big step in raising the key interest rate by 0.5 percentage points all at once in May. I did.
It shows a willingness to catch up with inflation despite concerns about an economic slowdown. The 9.1% inflation rate announced today is more than four times the Fed's 2% containment target.
Far from being effective, the Fed's extreme drug prescriptions made prices higher.
<Anchor>
A meeting to discuss how to raise interest rates in the future is being held in the US at the end of this month, and I've heard stories like this that rates will be raised again.
<Reporter>
Yes.
The Fed's next monetary policy meeting, which will be held for two days starting on the 26th, was widely expected to take another giant step in raising the key interest rate by 0.75 percentage points this time.
However, as the inflation rate of 9.1% was announced today, weight was put on the Ultra Step, which raises the base interest rate by 1 percentage point at once.
According to data from the Chicago Mercantile Exchange, which predicts the extent of the Fed's rate hike, the probability of a 1 percentage point hike was less than 8% a day ago, but now it is 80%, a tenfold increase in just one day.
Bloomberg also predicted a 50/50 chance of a 0.75 percentage point increase and a 1 percentage point increase.
Whether a 0.75 percentage point increase or a 1 percentage point increase is made, the US base rate will be higher than that of Korea.
(Video coverage: Lee Sang-wook, video editing: Won Yang)
▶ Exchange rate and stock price uncertainty…
'Big Step' is encouraged again