Federal Reserve

Talking points

Our editors will be looking ahead today to these developing stories ...

PUBLISHED : Thursday, 13 September, 2012, 12:00am
UPDATED : Monday, 30 May, 2016, 2:05pm

Fed set for big announcement

Investors are expecting the US Federal Reserve to take a bold step to try to invigorate the world's biggest economy. Many believe the Fed is about to unleash its most potent weapon: a third round of bond purchases, known as quantitative easing, meant to ease long-term interest rates and spur borrowing and spending. Others foresee a more measured response when the Fed ends a two-day policy meeting today.


Equalities chief discusses work

Equality watchdog chairman Lam Woon-kwong reports on the agency's work over the last year. It's a year in which Wong has found himself at the centre of much of the debate about the Equal Opportunities Commission. He faced calls to resign as chairman after being appointed convenor of the Executive Council, amid claims that the two roles would represent a conflict of interest. He has since announced plans to stand down from the commission when his term ends in January.


Ko looks for British Open glory

The world's top female golfers tee off for the Women's British Open at Royal Liverpool, with teenage sensation Lydia Ko looking to follow up her maiden tour victory in Canada last month with more glory. Reigning champion Yani Tseng will be part of an experienced field seeking to deny the 15-year-old New Zealander the crown in the only competition recognised as a major by both the US and European tours.


Bankers debate 'year of transformation'

Hong Kong's bankers come together for the annual conference of the Institute of Bankers, on the theme of "The Year of Transformation - Heading into a New Era". Among the keynote speakers will be Wu Xiaoling, vice-chairwoman of the financial and economic affairs committee of the National People's Congress.


Public farewell to Neil Armstrong

The world gets its chance to say goodbye to the first man on the moon in a public memorial at Washington National Cathedral. The funeral of Neil Armstrong, who died last month, was a small, private affair but today's service offers the United States and the world the chance to honour the man who took a "giant leap for mankind" in 1969. It will be broadcast live from the US capital on Nasa's website.


Spain's top court debates gay marriage

Spain's Supreme Court is expected to debate a challenge to the country's seven-year-old gay marriage law, which has allowed more than 20,000 same-sex couples to wed. Members of the conservative Popular Party filed a challenge to the law soon after it was implemented in 2005, making Spain the third country in the world to recognise gay marriage. Despite the Popular Party's return to power last year, the law is expected to be upheld.