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)
