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Caixin Global
Caixin Global

The Week Ahead (Sept. 14-20): Federal Reserve Prepares for Critical Interest Rate Decision

Sept. 14: China’s central bank injects short-term liquidity

The People’s Bank of China will conduct overnight reverse repo operations through Sept. 17. The daily volume will be capped at 600 billion yuan ($89.4 billion) to meet the banking system’s short-term liquidity needs and ease funding pressure during the mid-month tax period.

Sept. 14: Cross-border fund pooling goes nationwide

A nationwide pilot program allowing multinational companies to centrally manage domestic and foreign currency funds takes effect. The policy expands on the 2025 integrated cash pool framework, enabling more small and midsize companies to participate.

Sept. 14-16: SCO holds digital economy forum

The 2026 Shanghai Cooperation Organization Digital Economy Forum runs through Sept. 16 in Urumqi, Xinjiang. The event includes a closed-door ministerial meeting and various thematic forums.

Sept. 14: Youth Olympics torch relay begins

The torch relay for the 2026 Dakar Youth Olympic Games kicks off in Senegal and will run until Oct. 30. The Games, scheduled to start Oct. 31, mark the first Olympic event held in Africa.

Sept. 15: U.S. Federal Reserve rate meeting

The Federal Open Market Committee begins a two-day policy meeting. Markets are closely watching whether the central bank will raise interest rates or hold them steady, with recent inflation data playing a critical role amid diverging views among officials.

Sept. 15-17: Beijing hosts global security forum

The 13th Beijing Xiangshan Forum runs through Sept. 17. The event, which focuses on global security governance, marks the 20th anniversary of the forum's founding.

Sept. 15: State Council updates border rules

New State Council regulations on entry and exit management take effect to safeguard national security and the rights of travelers. The 19-article framework improves security risk prevention, clarifies application requirements, and regulates intermediary services.

Sept. 15: China Carbon Market Conference opens

The event in Wuhan will focus on stimulating carbon market efficiency and promoting a green transition. A report on the development of the national carbon market will be released.

Sept. 15: Thailand tightens visa-free entry

Thailand reduces the visa-free stay period for visitors from 93 countries and regions from 60 days to 30 days. The move dials back a relaxed policy introduced in 2024 to stimulate tourism.

Sept. 16: EU considers social media ban

European Commission President Ursula von der Leyen is expected to propose an EU-wide ban on social media use for minors during her State of the Union address. Specific age thresholds and implementation details remain unclear.

Sept. 16: Hong Kong leader delivers policy address

Chief Executive John Lee will unveil the city’s first five-year plan and deliver his annual policy address at the Legislative Council. He will further elaborate on the documents at a press conference and a television forum later in the day.

Sept. 16: Pinglu Canal opens to navigation

The 134.2-kilometer waterway, a key project of the New International Land-Sea Trade Corridor, connects southwestern China to the sea. It cuts the inland voyage for regional cargo by more than 560 kilometers.

Sept. 17: BOJ holds monetary policy meeting

The Bank of Japan begins a two-day meeting, with markets pricing in an 80% chance of a rate hike. This would be the central bank's third rate increase in 12 months, following a hike to around 1% in June.

Sept. 18: Germany shuts Russian consulate

Germany closes the Russian consulate general in Bonn and terminates contracts with the Russian House in Berlin over an alleged thwarted drone attack in August. In retaliation, Russia will close several Goethe-Institut branches.

Sept. 19: Asian Games open in Japan

The 20th Asian Games kick off in Aichi prefecture and Nagoya. A 1,274-member Chinese delegation, including 815 athletes, will compete in 38 sports.

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