A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live every weekday morning 8 to 8:30 a.m. on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
The US Federal Reserve has concluded its two-day monetary policy meeting by leaving interest rates on hold near zero and said the economy continues to improve despite concerns over the spread of the pandemic. But FOMC members noted "risks to the economic outlook remain", and Fed Chairman Jerome Powell said “we have not reached substantial further progress yet” on employment to justify changes to the central bank’s policy.
29/07/2021 - 8:09am Business and Market Discussion
Personal Wealth Adviser Enzio Von Pfeil suggests that the IMF's global economic growth forecasts are unreliable and thinks that the revised numbers are much lower than investors had expected.
Brad Gibson, Co-head of Asia Pacific Fixed Income at Alliance Bernstein thinks that the US Federal Reserve will start to taper bond purchases by the end of the year and hence will raise interest rates by 2022.
29/07/2021 - 8:22am Events Industry
Democratic lawmakers in the US have backed President Trump’s call for an increase in the size of stimulus cheques being sent to Americans as part of the latest fiscal package. Yesterday, President Trump dismayed members of his own Republican party by rejecting the stimulus bill as a disgrace and he called on Congress to increase the US$600 cash payments for individuals to US$2,000 or US$4,000 for a couple.
24/12/2020 - 8:08am Business and Market Discussion
Personal Wealth Advisor Enzio von Pfeil says that last year's protests and this year's pandemic aren't to blame for Hong Kong's rising poverty figures, as the government has disregarded the issue for decades.
David Roche, President & Global Strategist at Independent Strategy, highlights that fiscal stimulus helps alleviate a deficit in demand, without which the economic crisis could be worse.
24/12/2020 - 8:23am Oil