US Economy

HONG KONG (Nov 14): Donald Trump is set to tear up a giant Pacific trade pact and has questioned alliances that have defined America's engagement in Asia since World War II. But it's too early to declare President Barack Obama's "pivot&#34

(Oct 20): The US economy maintained a steady growth pace between late August and early October, as a tight labour market with nascent wage pressures contributed to a “mostly positive” outlook, a report from the 12 Federal Reserve districts showed.

SINGAPORE (Oct 6): The US or global economy appears unlikely to be heading to a recession, despite indicators pointing to a late phase in the business cycle and with the threat of monetary policy tightening looming in the horizon.

SINGAPORE (Sept 23): After its two-day Federal Open Market Committee (FOMC) meeting over 20-21 Sept, a divided Fed has decided to leave its policy rate unchanged – at least until December.   

LONDON (Sept 14): The US economy could be US$1 trillion ($1.4 trillion) smaller than otherwise expected in 2021 if Republican candidate Donald Trump wins the presidential election in November, economics research firm Oxford Economics said on Tuesday.

WASHINGTON (Sept 7): Federal Reserve Bank of San Francisco President John Williams painted an upbeat picture of the US economy in a speech on Tuesday, despite recent disappointing data that’s led investors to reduce their bets on an interest-rate increa

SINGAPORE (Aug 22): As markets shook off recent shocks, investors pushed valuations up so much that equities and bonds seemed to be priced to perfection, leaving little room for error.

WASHINGTON (July 14): The US economy continued to expand from mid-May through the end of June but there was little indication that inflation would surge any time soon, the Federal Reserve said on Wednesday.