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The US will hold its last monetary policy meeting this week and set the benchmark interest rate.
Ahead of this, a survey found that US consumers expect next year's inflation rate to be much lower than this year, giving rise to the theory of adjusting the pace of interest rate hikes.
Correspondent Kim Jong-won reports from New York.
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A survey result has come out that American consumers expect the inflation rate to be around 5.2% one year from now.
This expected inflation, surveyed in November, fell 0.7% from October, the month before, the lowest level since August last year.
Although it is still much higher than the 2% inflation rate that the Federal Reserve, the central bank of the United States, is targeting, the fact that consumers' fears about inflation have subsided to the lowest level in about a year and four months indicates that inflation is rising. The analysis that it is peaking and slowing has been strengthened.
In particular, as the result came a day before the announcement of the consumer price index, an indicator that the Fed refers to when setting interest rates, expectations for adjusting the pace of interest rate hikes are also growing.
[Paul Kim/Simplify ETF CEO: The most important thing is how the Federal Reserve interprets the data that is out now.
Some of the factors that drove inflation are slowing.
In this respect, the fear factor for inflation seems to have disappeared.]
The Chicago Mercantile Exchange's FedWatch, which predicts the extent of interest rate hikes, projected a 75% chance that the Fed would raise rates by 0.5 percentage points at the monetary policy meeting two days ahead.
In this atmosphere, today (13th), the New York stock market rose in all three indexes.