News in Systemic Risk: Friday, January 24, 2025 (9:45 a.m. ET) January 24, 2025 Privacy-enhancing technologies for digital payments: mapping the landscape (Raphael Auer, Rainer Böhme, Jeremy Clark, and Didem Demirag; BIS) Financial conditions matter more than interest rates: A new framework for monetary policy (Ricardo Caballero, Tomás Caravello, and Alp Simsek; VOXEU) Trump's rate cuts 'demand' spells trouble for Fed - economists (Riley Steward; Central Banking) BoJ raises policy rate to highest level since 2008 (Jimmy Choi; Central Banking) 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
