News in Systemic Risk: Wednesday, July 30, 2025 July 30, 2025 The EBA publishes additional data guidance ahead of the release of its 2025 EU-wide stress test (European Banking Authority; European Banking Authority) Under pressure? Central bank independence meets blockchain prediction markets (Barry Eichengreen, Ganesh Viswanath-Natraj, Junxuan Wang, Zijie Wang; VoxEU) Fed Governors Could Break Ranks as Trump Intensifies Powell Pressure (Nick Timiraos; Wall Street Journal) Fed to hold rates steady despite Trump's push for big cuts (Howard Schneider; Reuters) New data release: ECB wage tracker continues to show easing wage pressures (European Central Bank; European Central Bank) World Economic Outlook Update, July 2025: Opening Remarks by Pierre-Olivier Gourinchas (Pierre-Olivier Gourinchas; International Monetary Fund) Integrating balance sheet policy into monetary policy conditions (Benoit Mojon, Phurichai Rungcharoenkitkul and Dora Xia; BIS) 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
