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The U.S. consumer price index in August was counted to have risen by more than 8% despite the drop in international oil prices.
There was even a prospect that the base rate could be raised by 1 percentage point at a time.
The New York Stock Exchange plunged.
Correspondent Kim Jong-won from New York reports.
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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 contrary to the market's expectation that it will decrease by 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 not expected that the inflation rate will stabilize as the rise unexpectedly slows down as the price level in July, a month ago, remained at the same level as the previous month. The shock was even greater.
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 expenses continued to rise as prices continued to rise.
In particular, there is concern that the rate of inflation will increase as oil prices rise again if energy demand increases in winter.
[J. Hetfield/ICAP ETF Portfolio Manager: The recent decline in international oil prices is largely due to seasonal factors.
Since it is the season between summer and winter, the energy demand is not large, so the price is falling.] The
New York Stock Exchange plunged all at once, with the Dow and S&P 500 falling around 4% and the Nasdaq falling more than 5%.
With today's announcement (14th), expectations that the US key rate hike is not slowing down a bit have also disappeared.
The U.S. 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 at once.