News in Systemic Risk: Friday, July 8, 2022 (10 a.m. ET) July 8, 2022 Banks must sharpen their focus on climate risk, ECB supervisory stress test shows (ECB Banking Supervision) Are fund managers rewarded for taking cyclical risks? (Ellen Ryan; European Systemic Risk Board) Financial crises as drivers of populism: A new channel (Luigi Guiso, Massimo Morelli, Tommaso Sonno, Helios Herrera; VoxEu) Asian central banks deploy FX reserves to prop up currencies (Jimmy Choi; Central Banking) Are central banks in emerging markets now less of a slave to the Fed? (The Economist)
