Fed says no change to monetary policy, Credit Suisse’s new chair aims for turnround

The Federal Reserve upgraded its view of the US economic recovery, but kept interest rates close to zero, Brussels has insisted it is putting in place tough new processes to ensure the EU’s unprecedented recovery fund is not frittered away and global health expert Abraar Karan talks about the current surge in coronavirus cases in India. Plus, the FT’s banking editor, Stephen Morris, explains how Credit Suisse got itself into so much trouble and whether it can dig itself out.  Fed paints rosier picture of US economic recoveryhttps://www.ft.com/content/296ae4e6-5e4e-44fc-8636-67e2ad38eee4Brussels vows to apply tough rules to recovery spendinghttps://www.ft.com/content/1b345e2a-e442-42df-b9ae-4e0bfe68dcbe?Credit Suisse: plotting a comeback after ‘costly mistakes’ took it to the brinkhttps://www.ft.com/content/2cac83f5-9631-45ae-8080-586a6bc90d55 Hosted on Acast. See acast.com/privacy for more information.