US Economy

US consumer confidence in surprise fall

Unexpected drop in consumer optimism comes after index hit highest level since 2007 last month.

US pending home sales slow

by AFP
August pending sales numbers still strong despite growth slowing after July boom.

US consumer sentiment rises in September

Hopes grow consumers will accelerate spending in coming months.

The Week Ahead

Housing and retail sales figures will dominate local headlines, while US jobs data will hog the spotlight as investors search for more clues about the timing of a Fed rate rise.

Fed bellwether tips rate hike in mid-2015

Dennis Lockhart says he believes rate hikes can wait until well into next year.

Sales of US new homes soar in August

by AP
Sales of new homes jump in August, led by a wave of buying in the west and northeast.

Fed's Bullard seeks early 2015 hike

Federal Reserve Bank of St Louis President still expects rate hike early next year.

Fed's Dudley wants 2015 rate hike

Federal Reserve Bank of New York president says he would be 'very happy' with a 2015 move.

US existing home sales fall in August

by AP
Fewer Americans bought homes in August, as investors retreated and first-time buyers remained scarce.

Would like to see rate move early next spring: Fed's Fisher

Federal Reserve official expects rates to rise one quarter earlier than market.

Markets should brace for a wild ride

1 comment
Talk of the Fed's tightening has seen the surging greenback have a dramatic impact on currency markets around the world -- and there's more volatility to come.

Reading between the lines of the Fed's cautious communication

Normalisation of US monetary policy is likely to become a reality next year, but the Federal Reserve remains cautious in communicating this to markets for fear of sending investors rushing for the exit.

The Fed's tentative steps towards a rate rise

5 comments
As concerns linger over the US labour market and wage growth, the Federal Reserve remains cagey about the timing of raising rates.

US Fed now more likely to hike in 2015

Fed chair Janet Yellen says 'considerable time' pledge is highly conditional as more officials expect first rate move in 2015.

Fed details exit strategy

US central bank further reduces stimulus, says rates on hold for 'considerable time'.

Moody's keeps US outlook stable

Ratings agency says US in good enough shape to keep its triple-A rating for a while.

A Fed rate rise will be timely for Australia

2 comments
The Fed's anticipated normalisation of interest rates is likely to cause some market volatility, but the knock-on effects could be helpful for the resources sector.

The US production slip won't halt the Fed's plans

1 comment
The decline in US industrial production during August is not a concern. And, with the Fed set to cut its asset purchases this month, a rate rise is getting closer.

US industrial production falls in August

by AFP
US industrial production unexpectedly dipped in August after six months of gains.

US consumer sentiment rises further

Data reveals US consumers are more confident than they've been in over a year.

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