News in Systemic Risk: Monday, October 3, 2022 (10:00 a.m. ET) October 3, 2022 The scarring effects of deep contractions (David Aikman, Mathias Drehmann, Mikael Juselius, and Xiaochuan Xing; BIS) China rolls out new measures to boost housing demand (Central Banking Newsdesk; Central Banking) US and Korea agree to set up liquidity facilities if necessary (Central Banking Newsdesk; Central Banking) Israel to Keep Hiking Rates at Pace Unseen in Decades (Paul Abelsky and Daniel Avis; Bloomberg)