The United States CPI in August rose 8.3%year -on -year, and US stocks hit the largest decline in the past two years.

Polar News reporter Manda

According to Reuters reported on September 13, a report that was higher than expected was released, breaking the hope that the Fed may relax and reduce the tightening of policies in the next few months. On Tuesday, the US stock market suffered large -scale sales. On the same day, the U.S. Department of Labor announced the data. The US August Consumer Price Index (CPI) rose 0.1%month -on -month and 8.3%year -on -year. After the data was announced, the three major US stock indexes fell sharply and set the largest single -day percentage decline since June 2020.

The rising risk aversion has dragged the major sectors into the negative interval.

"(Sale) is not surprising, because the data has rebounded before the data is announced." Said Paul Nortet, an investment manager of Chicago Kingsi Asset Management Company.

In August, the CPI was higher than consensus, and poured a pot of cold water to those who hoped to ease and relax the interest rate hikes after September.

Eliminating factors such as food and energy prices with large fluctuations, the US core CPI increase is still higher than expected, from 5.9%in July to 6.3%.

Norte added that the report also pointed out that this lasting inflation means that the Fed will continue to tighten and raise interest rates, which is a curse of stocks.

Norte said that the Federal Reserve has increased interest rates three percentage points in the past six months. At present, everyone has not felt the entire impact of interest rate growth. "But we will feel it." He said, "We are on the threshold of recession."

People have been worried that the Fed's long -term tightening policy may push the US economy to the edge of decline. The inversion of 2 -year and 10 -year US Treasury yields has further expanded, which is considered a dangerous signal to decline.

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