News in Systemic Risk: Monday, February 2, 2026 (9:45 a.m.) February 2, 2026 The perils of narrowing fiscal spaces (Hanno Kase, Leonardo Melosi, Sebastian Rast and Matthias Rottner; BIS) ORDER OF SUSPENSION OF TRADING (SEC) Saying You Want to Shrink the Fed Is One Thing. Doing It Is Another. (Telis Demos; WSJ) ECB and BOE on Hold as Dollar Weakens and Imports From China Surge (Paul Hannon; WSJ) Asia PMIs Signal Solid Start for Manufacturers in 2026 (Kimberley Kao; WSJ) 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
