News in Systemic Risk: Monday, July 26, 2021 (10 a.m. ET) July 26, 2021 Cryptoassets as National Currency? A Step Too Far (Tobias Adrian, Rhoda Weeks-Brown; International Monetary Fund) Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment (Günter Coenen, Carlos Montes-Galdón, Sebastian Schmidt; European Central Bank) ECB decides not to extend dividend recommendation beyond September 2021 (ECB Banking Supervision) Non-bank financial intermediation: The case for a macroprudential framework (Maurizio Trapanese; VoxEU) Lessons from Britain on the balance between monetary and fiscal policy (The Economist) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk
Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability
High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability