<Anchor>



The US raised the key interest rate by 0.75 percentage points again.

You've already taken the giant step four times in a row, so let's find out more about it by connecting to New York.



Correspondent Kim Jong-won, is this the first time that the United States has taken the giant step four times in a row?



<Reporter>



Yes, this is an unprecedented measure.



This is because, no matter how steeply raising interest rates, they do not think that inflation will catch up.



The United States, which had maintained zero interest rates right after the outbreak of the corona crisis in March 2020, started raising interest rates in March of this year, raising the interest rate by 3.75 percentage points in just eight months.



In the United States, interest rates are set within a range as a target range, rather than a specific number like Korea.



This brings the US benchmark interest rate range from 3.75% to 4%, the first time in 15 years that US interest rates have been this high.



<Anchor>



Concerns are growing as the gap with Korea's base rate is widening. What is the future outlook?



<Reporter>



Yes, interest rates in Korea and the US have already inverted due to the rate hike in September.



The Bank of Korea hastily raised the interest rate in a big step by 0.5 percentage points, narrowing the gap to 0.25 percentage points, but today the difference has widened to 1 percentage point again.



With such a wide interest rate gap, there is a growing concern that foreign capital will flow to the US and the won will depreciate. He said the increase could be reduced.



Let's hear it.



[Jerome Powell/Federal Reserve Chairman: One day it will be appropriate to slow the rate of rate hikes.

And that time is coming.

Perhaps such a decision may be made at the next monetary policy meeting (December) at the earliest, or maybe even at the next meeting.



] I made it clear that the final interest rate would be higher than expected, so it became inevitable for us to raise the base rate further in the future.



<Anchor>



I'll have to keep watching.

How is the New York Stock Exchange today?



<Reporter>



Yes, the New York Stock Exchange fell sharply.



The Dow closed 1.5%, the S&P 500 fell by 2.5%, and the Nasdaq fell 3.4%. The final interest rate will be higher than expected. analyzed as one.