News in Systemic Risk: Friday, September 9, 2022 (10:00 a.m. ET) September 9, 2022 Making a virtue out of necessity: the effect of negative interest rates on bank cost efficiency (Giuseppe Avignone, Claudia Girardone, Cosimo Pancaro, Livia Pancotto, Alessio Reghezza; ECB) How Food and Energy are Driving the Global Inflation Surge (Philip Barrett; International Monetary Fund) Cyber induced bank runs pose “huge risk”, says Richmond Fed’s Barkin (Riley Steward; Central Banking) Real estate booms are behind Europe’s productivity divergence (Thomas Grjebine, Jerome Hericourt, Fabien Tripier; VoxEU) Related Stories Fed Official Michael Barr Provides an Inside Look at Crisis Response 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