News in Systemic Risk: Friday, September 25, 2020 (10 a.m. ET) September 25, 2020 Turkish central bank raises rates unexpectedly (Central Banking) Evaluation of too-big-to-fail reforms: Lessons for the COVID-19 pandemic (Claudia M. Buch; VoxEU) Securing China’s Post-Pandemic Recovery: Deepening Reforms and Pursuing Rebalancing (Geoffrey W.S. Okamoto; International Monetary Fund) Financial conditions, business cycle fluctuations and growth at risk (Andrea Falconio, Simone Manganelli; European Central Bank) What reforms does the US financial system need? (Nicolas Véron, Atif Mian, Patrick Honohan (PIIE); Peterson Institute for International Economics)