US Economy

Falling wages could hold back growth in the US and UK

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The US and UK are relying disproportionately on employment growth to drive consumption, but it won't be sustainable in the long term.

US jobless claims rise to 283,000

Labor Department data shows slightly larger than expected increase.

Natural gas markets spark fuel for thought

Cheaper natural gas is helping to make US manufacturing more competitive, but in other parts of the world gas prices are heading in the opposite direction.

Why the Fed won't flex its muscles on rates

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A dovish Federal Reserve is unlikely to act prematurely on rates, and continued modest inflation is likely to delay a rate rise until there is sufficient wage growth.

US consumer prices edge up in September

Labor Department print shows 0.1 per cent rise for the month, in line with expectations.

US existing-home sales rebound

by AFP
Existing-home sales lift in September to their highest pace of the year.

Fed's Fisher will support bond-buying

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Dallas Federal Reserve President says no upside pressure on inflation apparent.

Weekend Economist: Watch for 2015

The spate of recent 'one-off' events have given forecasts of modest movements from central banks in 2015 and 2016 undue credit.

US consumer confidence grows further

Confidence about future weighs heavily on Thomson-Reuters/University of Michigan survey.

Yellen concerned about US income gap

by AFP
Federal Reserve chair notes resumption of widening wealth gap after financial crisis.

US housing starts lift 6.3% in September

Commerce Department data shows larger than expected increase as average mortgage rate falls.

Fresh data unlikely to change Fed's mind: Rosengren

Fed Boston President says he would be 'surprised' at bond-buying change in next meeting.

Fed's Bullard hints at QE extension

Federal Reserve Bank of St Louis president says it could be worth keeping QE program alive.

US factory output rises 0.5% in September

by AP
US manufacturing output growth led by gains for aerospace products, furniture, clothing and plastics.

Fed must hike sooner, not later: Plosser

Philadelphia Fed President again calls on central bank to prepare for rate increases.

US jobless claims fall to 264,000

Labor Department data shows benefits at fourteen-year low.

A stronger US dollar is a double-edged sword

A higher exchange rate could drive greater consumption in the US' struggling household sector, but it will also carry economic risks.

US economic growth 'moderate': Fed

by AFP
US Federal Reserve's Beige Book finds steady growth in much of the country.

US producer prices ease in September

Labor Department figures show small decline for first time in a year, after flat August result.

US retail sales fall in September

Commerce Department print shows first monthly decline since January.