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

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

The US central bank shows no signs of changing monetary policy

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 recovery


Brussels vows to apply tough rules to recovery spending


Credit Suisse: plotting a comeback after ‘costly mistakes’ took it to the brink


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