News in Systemic Risk: Wednesday, December 22, 2021 (10 a.m. ET) December 22, 2021 Interview with Le Monde (Isabel Schnabel; European Central Bank) Financial support measures and credit to firms during the pandemic (Stefania De Mitri, Antonio De Socio, Valentina Nigro, Sabrina Pastorelli; Banca D'Italia) The macroeconomic effects of falling long-term inflation expectations (Stefano Neri; Banca D'Italia) Risk-based pricing in competitive lending markets (Carola Müller, Ragnar Juelsrud, Henrik Andersen; Norges Bank) Ownership and climate risk in the GPFG – On the tools for addressing climate risk in the fund (Øystein Børsum; Norges Bank) Understanding inflation risks in the US and the euro area (Jasper McMahon, Lucrezia Reichlin, Giovanni Ricco; VoxEu)