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 left interest rates on hold at the end of its two-day monetary policy meeting but said, “the committee is of a mind to raise the federal funds rate at the March meeting assuming that conditions are appropriate for doing so.” It would be the first increase since December 2018. The FOMC said it is preparing for “significantly reducing” asset holdings and the reduction would be “in a predictable manner” by adjusting how much of the proceeds would be reinvested and how much would be rolled off.
27/01/2022 - 8:08am Business and Market Discussion
Personal Wealth Adviser Enzio Von Pfeil suggests that the US Federal Reserve cannot fight inflation that is caused by supply problems with interest rate rises.
Sean Debow, Chief Executive Officer and Chief Investment Officer of Eurizon Capital Asia thinks that the SAR banking system is steady, and is in a comfortable position to sustain US interest rate hikes.
27/01/2022 - 8:23am Fed’s monetary policy decision
The World Health Organization warned Monday that the Omicron variant poses very high global risk and is likely to spread. The WHO said the severity of illness from Omicron was still not known, adding there was “substantial uncertainty” over the variant’s ability to transmit, the severity of disease it causes and the effectiveness of vaccines.
30/11/2021 - 8:09am Business and Market Discussion
Will Denyer, US Economist at Gavekal thinks that the new Omicron variant will have a marginal effect on the US economy, but suggests that the variant might have an effect on supply chains.
Samuel Faveur, Chief Executive Officer at Mandarin Capital notes that stagflation is a risk, and thinks that central banks have reacted too slow to combat inflation.
30/11/2021 - 8:24am View from Japan