News in Systemic Risk: Friday, December 4, 2020 (10 a.m. ET) December 4, 2020 FSOC 2020 Annual Report (Financial Stability Oversight Council) Who pays the piper calls the tune: The need for and benefit of strong credit risk management (Elizabeth McCaul; European Central Bank) Credit Risk and the Transmission of Interest Rate Shocks (Beradino Palazzo, Ram Yamarthy; Office of Financial Research) How Well Does the Cleveland Fed’s Systemic Risk Indicator Predict Stress? (Ben R. Craig; Federal Reserve Bank of Cleveland) US banks welcome delay to Libor switch affecting $200tn in assets (Philip Stafford, Joe Rennison, Colby Smith; Financial Times) Will central-bank digital currencies break the banking system? (The Economist) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
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