News in Systemic Risk: Wednesday, July 18, 2018 (10 a.m. ET)

Semiannual Monetary Policy Report to the Congress – Chairman Jerome H. Powell (Federal Reserve)

The Premium for Money-Like Assets (Marco Cipriani, Gabriele La Spada; Liberty Street Economics)

Shifting Tides: Policy Challenges and Opportunities for the G-20 (Christine Lagarde; IMF Blog)

FSB consults on the effects of reforms on infrastructure finance (FSB)

Federal Reserve should continue raising rates gradually, says Powell (FT)

Bernanke, Geithner, Paulson Voice Some Concern About Next Crisis (Bloomberg)

Bernanke warns against reading wrong yield curve signal (FT)

Former Fed Chief Ben Bernanke Says Economic Outlook Is ‘Quite Strong’ (WSJ)

Exclusive: ECB warns of 'systemic' threat if Euribor reform efforts fail (Reuters)

Powell defends Fed treatment of big banks after Brown, Warren attacks (Politico)

U.S. Regulators Support Removing Fed Oversight of Zions Bancorp (WSJ)

BOK needs to closely monitor outflows as Fed raises rates: board member (Reuters)