News in Systemic Risk: Monday, March 22, 2021 (10 a.m. ET) March 22, 2021 Multi-CBDC arrangements and the future of cross-border payments (Raphael Auer, Philipp Haene, Henry Holden; Bank for International Settlements) The paradox of banknotes: understanding the demand for cash beyond transactional use (Alejandro Zamora-Pérez; European Central Bank) The Persistent Compression of the Breakeven Inflation Curve (Richard K. Crump, Nikolay Gospodinov, Desi Volker; Federal Reserve Bank of New York) Britain and EU close to agreeing forum for financial services (George Parker, Jim Brunsden; Financial Times) Turkish Lira Plunges After Erdogan Fires Central Bank Chief (Caitlin Ostroff; Wall Street Journal) 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