News in Systemic Risk: Thursday, January 6, 2022 (10 a.m. ET) January 6, 2022 Emerging-Market Central Bank Asset Purchases Can Be Effective but Carry Risks (Tobias Adrian, Christopher Erceg, Simon Gray, Ratna Sahay; International Monetary Fund) Minutes of the Federal Open Market Committee, December 14-15, 2021 (Federal Reserve Board of Governors) APRA provides an update on aggregate Committed Liquidity Facility (Reserve Bank of Australia) Output Gap and Potential Growth Rate (Bank of Japan) The unemployment-risk channel in business cycle fluctuations (Tobias Broer, Jeppe Druedahl, Karl Harmenberg, Erik Öberg; 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