<Anchor>



The U.S. consumer price index rose more than 8% in August despite a sharp drop in international oil prices.

When the results were different from the market expectations, there was even a forecast that the base rate could be raised by 1 percentage point at a time.

The New York Stock Exchange plummeted.



Correspondent Kim Jong-won from New York reports.



<Reporter>



The US consumer price index rose 8.3% in August compared to a year earlier.



This is an increase of 0.1% from the previous month, and the result is the opposite of the market's expectation of a decrease of 0.1%.



Although the rate of increase has slowed somewhat compared to last June, when it recorded a record increase of more than 9%, it is questionable whether the inflation rate is entering a stabilization trend as the rise unexpectedly slows down, such as in July, a month ago, maintaining the same level as the previous month. The shock was even greater because the prospect had come out.



In particular, it is analyzed that inflation in the US is still serious in that, despite the sharp drop in international oil prices, most items, such as food and housing costs, continued to rise as prices continued to rise.



In particular, there are concerns that if the demand for energy in winter increases, the price of oil will rise again and the rate of inflation will increase further.



[J. Hetfield/ICAP ETF Portfolio Manager: The recent decline in international oil prices is largely due to seasonal factors.

Since it is the transitional season between summer and winter, the energy demand is not great, so the price is dropping.]



The New York Stock Exchange fell all at once, with the Dow and S&P 500 falling around 4% and the Nasdaq falling more than 5%.



With today's announcement (the 14th), expectations that the US key rate hike might be a bit slower also disappeared.



The US central bank, the Federal Reserve, is expected to raise its key interest rate by 0.75 percentage points for the third time in a row at next week's monetary policy meeting, with some predicting that it could raise it by 1 percentage point all at once.