News in Systemic Risk: Friday, November 19, 2021 (10 a.m. ET) November 19, 2021 Words Speak as Loudly as Actions: Central Bank Communication and the Response of Equity Prices to Macroeconomic Announcements (Ben Gardner, Chiara Scotti, Clara Vega; Federal Reserve Board of Governors) The ECB’s case for central bank digital currencies (Fabio Panetta; European Central Bank) New developments in central bank statistics around the world (Bank for International Settlements) Strengthening banks’ resilience in the banking union (Kerstin af Jochnick; ECB Banking Supervision) What goes around comes around: How large are spillbacks from US monetary policy? (Max Breitenlechner, Georgios Georgiadis, Ben Schumann; European Central Bank) Commitment and persistence: monetary policy in the economic recovery (Christine Lagarde; European Central Bank) Crises as a catalyst for change – lessons from the past, challenges for the future (Jens Weidmann; Deutsche Bundesbank) Related Stories 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 Program on Financial Stability Receives $7.5 million