News in Systemic Risk: Monday, May 16, 2022 (10 a.m. ET) May 16, 2022 Public money for the digital era: towards a digital euro (Fabio Panetta; European Central Bank) A structural model of liquidity in over‑the‑counter markets (Jamie Coen, Patrick Coen; Bank of England) The local supply channel of QE: evidence from the Bank of England’s gilt purchases (Maren Froemel, Michael Joyce, Iryna Kaminska; Bank of England) Inflation Dynamics in Advanced Economies: A Decomposition into Cyclical and Non-Cyclical Factors (Weicheng Lian, Andreas Freitag; International Monetary Fund) Yellen calls for new stablecoin regulation amid algorithmic crash (Joasia E. Popowicz; Central Banking) EU Sees Economic Contraction if Russian Gas Supplies Are Halted (Paul Hannon, Eric Sylvers; Wall Street Journal) Loretta Mester Says Fed Is On Track for Aggressive Rate Rises (Michael S. Derby; Wall Street Journal) Sanctions and the exchange rate (Oleg Itskhoki, Dmitry Mukhin; VoxEu) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk
Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability
High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability