News in Systemic Risk Blog, June 9, 2020 (10 a.m. ET) June 9, 2020 Federal Reserve Board expands its Main Street Lending Program to allow more small and medium-sized businesses to be able to receive support (Federal Reserve Board of Governors) Hearing at the Committee on Economic and Monetary Affairs of the European Parliament (Christine Lagarde; European Central Bank) World Bank Sees 5.2% Decline in Global Economy in 2020 From Coronavirus (Josh Zumbrun; Wall Street Journal) Deflation Fears at ECB Signal Stimulus Battles for Lagarde (Paul Gordon; Bloomberg) The Bahamas : Request for Purchase under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for The Bahamas (International Monetary Fund) An Event Study of COVID-19 Central Bank Quantitative Easing in Advanced and Emerging Economies (Jonathan Hartley, Alessandro Rebucci; National Bureau of Economic Research) Determination of the February 2020 Peak in US Economic Activity (National Bureau of Economic Research) Related Stories Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability
