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:
HOST
Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)
GUESTS
Raghuram G. Rajan
Katherine Dusak Miller Distinguished Service Professor of Finance, University… …read more
