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)