Current：Home > StocksThe Fed's radical new bank band-aid -StockPrime
The Fed's radical new bank band-aid
View
Date：2025-04-18 12:40:45
Given the rough time banks were having last month, the Federal Reserve rolled out a new plan that gives banks a new way to borrow money. It's called the Bank Term Funding Program and while it's a boon for banks, it has costs and risks.
Today, we uncover what makes the Bank Term Funding Program a unique wrench in the Fed's toolkit.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood！ (49)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- US forces shoot down ballistic missiles in Red Sea, kills gunmen in attack by Yemen’s Houthi rebels
- Your New Year's Eve TV Guide 2024: How to Watch 'Rockin Eve,' 'Nashville's Big Bash,' more
- Pakistan election officials reject former prime minister Khan’s candidacy in parliamentary election
- Why members of two of EPA's influential science advisory committees were let go
- Watch what you say! Better choices for common phrases parents shout during kids games
- NFL playoff format: How many teams make it, how many rounds are there and more
- China calls Taiwan presidential frontrunner ‘destroyer of peace’
- Meet first time Grammy nominee Charley Crockett
- Barack Obama's favorite songs of 2023 include Beyoncé, Shakira, Zach Bryan: See the list
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Puppies, purebreds among the growing list of adoptable animals filling US shelters
- Sen. Fetterman says he thought news about his depression treatment would end his political career
- Judge allows new court in Mississippi’s majority-Black capital, rejecting NAACP request to stop it
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Russia launches fresh drone strikes on Ukraine after promising retaliation for Belgorod attack
- Australians and New Zealanders preparing to be among first nations to ring in 2024 with fireworks
- Carolina Panthers owner David Tepper appears to throw drink at Jacksonville Jaguars fans
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Former Ugandan steeplechase Olympian Benjamin Kiplagat found fatally stabbed in Kenya
College Football Playoff semifinals could set betting records
Watch what you say! Better choices for common phrases parents shout during kids games
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Australians and New Zealanders preparing to be among first nations to ring in 2024 with fireworks
Israeli strikes in central Gaza kill at least 35 as Netanyahu says war will continue for months
Kirk Cousins leads 'Skol' chant before Minnesota Vikings' game vs. Green Bay Packers