News in Systemic Risk: Wednesday, September 13, 2023 (10:00 a.m. ET) September 13, 2023 Upside down: when AT1 instruments absorb losses before equity (Rodrigo Coelho, Jatin Taneja, Rastko Vrbaski; Bank for International Settlements) ECB criticises Meloni’s windfall tax on banks (Martin Arnold, Amy Kazmin; Financial Times) Tunisian president wants central bank to directly finance budget (Central Banking) U.S. Inflation Accelerated in August as Gasoline Prices Jumped (Amara Omeokwe, Nick Timiraos; Wall Street Journal) Related Stories Fed Official Michael Barr Provides an Inside Look at Crisis Response 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
