Several recent events, including the March 2020 “dash for cash” at the start of COVID-19 lockdowns, the volatility in EU electricity markets following Russia’s invasion of Ukraine, and the September 2022 meltdown in UK markets under Prime Minister Liz Truss, provided new lessons for monetary authorities on meeting systemic short-term liquidity shortages.
Joining this episode of Financial Statements are:
Senior Fellow, Peterson Institute for International Economics (PIIE)
Raghuram G. Rajan
Katherine Dusak Miller Distinguished Service Professor of Finance, University of Chicago Booth School of Business
Senior Fellow, Watson Institute for International and Public Affairs at Brown University; Global Chief Economist, Kroll
About This Series
Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.