News in Systemic Risk: Wednesday, June 24, 2020 (10 a.m. ET) June 24, 2020 The ECB’s monetary policy response to the pandemic: liquidity, stabilisation and supporting the recovery (Phillip R. Lane; European Central Bank) Central banks and payments in the digital era (Bank of International Settlements) What do recoveries from past US recessions teach us about the recovery from the pandemic recession? (Robert Hall, Marianna Kudlyak; VoxEU) The euro area’s stimulus is less stingy than in past crises (The Economist) China's debt relief to support some stressed emerging markets: Fitch (Tom Arnold; Reuters) Bank of Thailand Sees 8.1% Contraction, Pledges More Support (Suttinee Yuvejwattana, Chester Yung; Bloomberg) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
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