News in Systemic Risk: Wednesday, April 12, 2023 (10:00 a.m. ET) April 12, 2023 Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures (Nick Timiraos; Wall Street Journal) Global financial regulator calls for tougher rules after bank panic (Laura Noonan; Financial Times) Life is getting tough for borrowers. Where will the pain be felt? (The Economist) Fed’s Meeting Minutes to Detail How Officials Weighed Bank Risks (Catarina Saraiva; Bloomberg) 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