News in Systemic Risk: Thursday, September 21, 2023 (10:00 a.m. ET) September 21, 2023 The effect of monetary policy on inflation heterogeneity along the income distribution (Miguel Ampudia, Michael Ehrmann and Georg Strasser; Bank for International Settlements) BOE to Shrink Balance Sheet £100 Billion, Stepping Up Quantitative Tightening (Tom Rees; Bloomberg) Pro Take: Fed May Be Closer to Pulling Off Soft Landing, but Threats Abound (Bob Fernandez; Wall Street Journal) End is in sight for global rate hiking cycle (Reuters) Does China’s fear of floating exceed its fear of deflation? (Economist)