News in Systemic Risk: Friday, January 25, 2019 (10 a.m. ET)

Risk endogeneity at the lender/investor-of-last-resort (Diego Caballero, André Lucas, Bernd Schwaab and Xin Zhang, ECB)

Money, credit, monetary policy and the business cycle in the euro area: what has changed since the crisis? (Domenico Giannone, Michele Lenza, Lucrezia Reichlin, ECB)

How large is the leveraged loan market? (Bank of England)

Latin America and the Caribbean in 2019: A Moderate Expansion (IMF)

Morocco : 2018 Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Morocco (IMF)

Kingdom of the Netherlands—Curaçao and Sint Maarten : 2018 Article IV Consultation-Press Release and Staff Report (IMF)

People's Republic of China-Hong Kong Special Administrative Region : 2018 Article IV Consultation-Press Release and Staff Report (IMF)

IMF Executive Board Concludes 2018 Article IV Consultation with Kiribati (IMF)

German Business Confidence Deteriorates Amid Heightened Risks (Bloomberg)