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)