News in Systemic Risk: Thursday, April 3, 2025 (9:45 a.m. ET) April 3, 2025 Financial stability in uncertain times (Luis de Guindos; ECB) Global or regional safe assets: Evidence from bond substitution patterns (Tsvetelina Nenova; BIS) Fed independence is under threat (Christopher Jeffery; 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