News in Systemic Risk: Tuesday, May 25, 2021 (10 a.m. ET) May 25, 2021 On the optimal control of interbank contagion in the euro area banking system (Gábor Fukker, Christoffer Kok; European Central Bank) Private Money and Central Bank Money as Payments Go Digital: an Update on CBDCs (Lael Brainard; Federal Reserve Board of Governors) Central Bank Communication: One Size Does Not Fit All (Joan Huang, John Simon; Reserve Bank of Australia) Fit for Purpose—Adapting IMF Advice to a New Economic Landscape (Fabian Bornhorst, Ceyla Pazarbasioglu; International Monetary Fund) Treasury’s Liang Seeks to Review Bond Market After 2020 Stresses (Christopher Condon; Bloomberg) Central banks take different routes to financial stability (Central Banking) Related Stories Fed Official Michael Barr Provides an Inside Look at Crisis Response 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