News in Systemic Risk: Thursday, January 28, 2021 (10 a.m. ET) | Yale School of Management

Global Financial Stability Report Update, January 2021: Vaccines Inoculate Markets, but Policy Support Is Still Needed (International Monetary Fund)

ECB asks banks to address credit risk and improve efficiency (European Central Bank)

A structural investigation of quantitative easing (Gregor Boehl, Gavin Goy, Felix Strobel; Deutsche Bundesbank)

Moral hazard, the fear of the markets, and how central banks responded to Covid-19 (Mattia Bevilacqua, Lukas Brandl-Cheng, Jon Danielsson, Jean-Pierre Zigrand; VoxEU)

Nine banks ate into capital buffers under ECB’s pandemic relief (Martin Arnold; Financial Times)

ESM to become backstop to Single Resolution Fund (Victor Mendez-Barreira; Central Banking)

Fed creates committee on climate change impacts (Ben Margulies; Central Banking)

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