News in Systemic Risk: Tuesday, September 12, 2023 (10:00 a.m. ET) September 12, 2023 The Importance of Sound Monetary Policy: Some Lessons for Today from Canada’s Experience with Floating Exchange Rates Since 1950 (Michael D. Bordo, Pierre Siklos; National Bureau of Economic Research) Banks Load Up on $1.2 Trillion in Risky ‘Hot’ Deposits (Gina Heeb; Wall Street Journal) No Signs of Soft Landing on Bloomberg’s Trade Tracker (Claire Jiao, Michelle Jamrisko, Chloe Whiteaker, Cedric Sam; Bloomberg) Barr says Fed will not issue CBDC without legislation (Central Banking) Lebanon’s central bank meltdown is a cautionary tale of financial engineering running amok (Patrick Honohan; Peterson Institute for International Economics)
