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 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 Program on Financial Stability Receives $7.5 million
