US media: Federal Reserve or large -scale interest rate hikes at the beginning of the US economy at the beginning of next year will hardly land

Federal Reserve Chairman Jerom Powell (Data Map)

Overseas Network, September 14. According to the US Fox Business News, the high inflation rate in the United States in August exceeded expectations, increasing the possibility of the Fed's historic and large -scale interest rate hikes.

The U.S. Department of Labor said on the 13th that the US consumer price index rose 8.3%year -on -year, higher than the 8.1%expected by economists.Fox Business News said this is a worrying sign of the Fed.

American Enterprise Institute Economist Destmond Rachman said that the disappointing consumer price index made the Federal Reserve have no choice.The possibility of hard landing in the United States early next year.Market investors even believe that the historic scale of interest rate hikes may reach 100 basis points.

Worried that the Fed will take more aggressive actions, the US stock market fell sharply on the 13th.The Dow Jones Industrial Average dropped by 1276 points, the Standard Purcera 500 index fell 4.32%, and the Nasdaq Composite Index fell 5.16%.(Overseas Network Li Meng)

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