News in Systemic Risk: Monday, August 15, 2022 (10:00 a.m. ET)

Central Banks Hike Interest Rates in Sync to Tame Inflation Pressures (Tobias Adrian, Fabio Natalucci; International Monetary Fund)

Banco de México’s Governing Board decided to raise the target for the overnight interbank interest rate by 75 basis points to 8.50%, effective August 12, 2022 (Banco de México)

Uncertainty over ECB’s TPI muddies monetary and fiscal impact (Victor Mendez-Barreira; Central Banking)

Russian economy to contract under pressure from sanctions, central bank forecasts (Paola Tamma; Politico)