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 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 Program on Financial Stability Receives $7.5 million