News in Systemic Risk: Wednesday, October 1, 2025 (9:45 a.m.) October 1, 2025 Financial health in review: current practices in different financial authorities (Sheirin Iravantchi, Jermy Prenio and Friederike Rühmann; BIS) International risk sharing and wealth allocation with higher order cumulants (Giancarlo Corsetti, Anna Lipińska and Giovanni Lombardo; BIS) Government Shutdown Begins as Funding Lapses (Daniel Hinge; WSJ) FX turnover surges 28% to nearly $10 trillion a day – BIS (Central Banking) AI could fundamentally alter market dynamics – Fed study (Central Banking) 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
