FT News Briefing

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Fed signals more economic pain to come

The Federal Reserve raised its benchmark interest rate by 0.75 percentage points for the third time in a row on Wednesday, and Credit Suisse has drawn up plans to split its investment bank in three. Plus, the FT’s Hannah Murphy explains how companies, and the negotiators they hire, deal with a ransomware attack. 


Mentioned in this podcast:

Jay Powell refuses to rule out US recession after third 0.75% rate rise

The ransomware game: test your skills in the world of hackers and negotiators 

Credit Suisse considers splitting investment bank in three

FT.com/briefingsale


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 


Read a transcript of this episode on FT.com

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FT Weekend: Jamaica Kincaid and Enuma Okoro on writing

Writer Jamaica Kincaid is one of the best known writers on race and colonialism in the US. Her writing is biting and fearless, and she’s been a keen observer of her native Antigua and the US since publishing her first essay in 1973. This week she joins Lilah together with the FT’s Enuma Okoro in a recording made at the recent FT Weekend Festival in London. Then we share some conversations we had in person with listeners during the festival.-------Here’s the link to leave us a message for our listener callout: https://sayhi.chat/6gci2We’re challenging you to challenge us with a topic that most people would think is boring, and that you want us to make interesting on the podcast!—---- Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Full recording of the conversation with Jamaica and Enuma: https://www.youtube.com/watch?v=LOB10hGIhwM&t=2s-Jamaica’s classic book A Small Place about Antigua: https://tinyurl.com/mshm32ha-A great recent essay by Jamaica Kincaid on gardening: https://www.newyorker.com/magazine/2020/09/07/the-disturbances-of-the-garden-Enuma’s essay on pleasure: https://tinyurl.com/59eda3vm-And another on how our spaces shape us: https://tinyurl.com/ycxt2uv4 -------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com