News in Systemic Risk: Tuesday, June 3, 2025 (9:45 a.m. ET) June 3, 2025 Hidden leverage and blind spots: addressing banks’ exposures to private market funds (Claudia Buch; ECB Banking Supervision) Risks that non-bank financial institutions pose to financial stability (Donald Kohn; Brookings Hutchins Center) Private safe asset supply and financial instability (Madalen Castells-Jauregui; VoxEU) U.S. to Have Slower Growth, Higher Inflation Due to Tariffs, OECD Says (Harriet Torry and Joshua Kirby; 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