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News in Systemic Risk: Wednesday, April 29, 2020 (10 a.m. ET)

Public guarantees for bank lending in response to the Covid-19 pandemic (Patrizia Baudino; Bank of International Settlements)

Maturity, seniority and size: Make sure the ESM’s pandemic crisis support is fit for purpose! (Giancarlo Corsetti, Aitor Erce; VoxEU)

The 1918 influenza did not kill the US economy (Efraim Benmelech, Carola Frydman; VoxEU)

Bias against private sector slows China's recovery from COVID-19 (Tianlei Huang, Nicholas R. Lardy ; Peterson Institute for International Economics)

Stimulus checks need to arrive faster so Americans can get all the coronavirus money Washington has promised (Francis X. Suarez, Bibi Hidalgo, and Aaron Klein; Brookings Institution)

Fed Expected to Pledge Aggressive Action as Economic Distress Worsens (Nick Timiraos; Wall Street Journal)

After Firing Its Bazooka, ECB Could Reload to Fight Coronavirus (Tom Fairless; Wall Street Journal)