Current：Home > MyThe Fed's radical new bank band-aid -Horizon Finance Path
The Fed's radical new bank band-aid
View
Date：2025-04-25 09:16:47
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！ (55964)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Newborn twins taken from Michigan hotel have been found safe, police say
- Texas moves large floating barrier on US-Mexico border closer to American soil
- Georgia sheriff pleads guilty to groping TV Judge Hatchett
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Here's how wildfire burn scars could intensify flooding as Tropical Storm Hilary hits California
- Global food security is at crossroads as rice shortages and surging prices hit the most vulnerable
- Demi Lovato and Longtime Manager Scooter Braun Part Ways After 4 Years
- Former Danish minister for Greenland discusses Trump's push to acquire island
- NFL preseason game suspended after New England Patriots corner stretchered off
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Jennifer Lopez shares photos from Georgia wedding to Ben Affleck on first anniversary
- 14 people were shot, one fatally, in the same Milwaukee neighborhood, police say
- Woman kidnapped in Cincinnati found dead after chase in Tennessee
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Is Dodger Stadium flooded? No, it was just an illusion
- Woman kidnapped in Cincinnati found dead after chase in Tennessee
- Taylor Swift Doppelgänger Ashley Leechin Responds to Criticism of Malicious Impersonation Prank
Recommendation
Nevada attorney general revives 2020 fake electors case
Weather service confirms fifth tornado among a spate of twisters to hit New England last week
USA TODAY Book Club: Join Richard E. Grant to discuss memoir 'A Pocketful of Happiness'
FEMA administrator Deanne Criswell says emergency funds could be depleted within weeks
Highlights from Trump’s interview with Time magazine
NFL preseason game suspended after New England Patriots corner stretchered off
Las Vegas declares state of emergency ahead of Tropical Storm Hilary's impact
Tenor Freddie de Tommaso, a young British sensation, makes US opera debut