News in Systemic Risk: Wednesday, February 7, 2018 (10 a.m. ET)

Introductory statements at the annual press conference on ECB Banking Supervision – Danièle Nouy and Sabine Lautenschläger (ECB)

A DSGE Perspective on Safety, Liquidity, and Low Interest Rates (Marco Del Negro, Domenico Giannone, Marc Giannoni, Abhi Gupta, Pearl Li, Andrea Tambalotti; Liberty Street Economics)

Global stock markets stage recovery after wild ride (FT)

The Era of Easy Money Is Ending, and the World Is Bracing for Shocks (New York Times)

ECB Is in Touch With Market Participants on Rout (Bloomberg)

Brussels warns on volatility risk to booming Eurozone (FT)

Treasury's Mnuchin not 'overly concerned' about Wall St selloff (Reuters)

British banks running out of time on post-Brexit EU access (FT)

Eurogroup's Centeno urges completion of bank union (Reuters)

Bitcoin freeloads on institutions’ trust, warns BIS (FT)

Australia brings in powers to cap bankers’ pay (FT)