News in Systemic Risk: Thursday, June 5, 2025 (9:45 a.m. ET) June 5, 2025 Bank to Sovereign Risk Transmission: New Evidence (Tobias Adrian, Mahvash S Qureshi, Tomohiro Tsuruga; IMF) Elasticity in the monetary system (Ryan Niladri Banerjee, Jon Frost, Michael Chui and Jose María Vidal Pastor; Bank for International Settlements) Independence and supervisory discretion – a transatlantic perspective (Pedro Machado; ECB Banking Supervision) Navigating Global Challenges: What’s in it for Europe? (Sabine Mauderer; Deutche Bundesbank) ECB Cuts Rates for Eighth Time, Widening Gap With Fed (Chelsey Dulaney; Wall Street Journal) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook 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
