The US inflation rate hit a 40-year high, and the Fed officials’ super-hawk talk made the four major US indexes closed in the dark.

The U.S. Department of Labor announced on the 10th that the annual growth rate of the consumer price index (CPI) in January was as high as 7.5%, exceeding market expectations of 7.2%, the highest since February 1982. At the same time, St. Louis Federal Reserve Bank President Bullard (James Bullard) made a super-hawk remark, raising the market’s expectations for a 2-yard rate hike by the Fed in March.

The latest rate futures showed a 62% chance that the Fed would raise interest rates by a margin of two in March after Bullard’s speech, up from 30% late Wednesday. Affected by the impact, the four major US indexes all closed in black, and the US dollar index once soared to 96.

Foreign exchange traders said that the U.S. inflation is the most serious in 40 years, and it is bound to accelerate the pace of interest rate hikes by the Federal Reserve.