News in Systemic Risk: Thursday, May 13, 2021 (10 a.m. ET) May 12, 2021 U.S. Economic Outlook and Monetary Policy (Richard H. Clarida; Federal Reserve Board of Governors) RBI announces Second Tranche of Open Market Purchase of Government of India Securities under G-sec Acquisition Programme (Reserve Bank of India) Who’s Ready to Spend? Constrained Consumption across the Income Distribution (David Dam, Davide Melcangi, Laura Pilossoph, Will Schirmer; Federal Reserve Bank of New York) Central banks in a shifting world: selected takeaways from the ECB’s online Sintra Forum (Philipp Hartmann, Glenn Schepens; European Central Bank) Consumer-price inflation in America jumps up to 4.2% (The Economist) 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