News in Systemic Risk: Friday, March 27, 2020 (10 a.m. ET)
The coronavirus shock to financial stability (Enrico Perotti; VoxEU)
New US fiscal action should avert closures but not a recession (Joseph E. Gagnon; Peterson Institute for International Economics)
Fed’s Kaplan Sees Big Hit to Economy in Second Quarter, Path Of Recovery Uncertain After That (Michael S. Derby; Wall Street Journal)
Derby’s Take: There’s So Much Fed Liquidity, Some Firms Are Handing It Back (Michael S. Derby; Wall Street Journal)
Bank capital rules delayed to help lenders respond to coronavirus (Matthew Vincent; Financial Times)
Concentrated firepower: central banks must expand their arsenal (Philip Turner; CentralBanking)
