Current：Home > NewsThe Fed's radical new bank band-aid -CapitalEdge
The Fed's radical new bank band-aid
View
Date：2025-04-19 13:03:49
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！ (79)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Martha Stewart’s Ex-Husband Andy Stewart Calls Out Her Claims in Sensationalized Documentary
- The US election was largely trouble-free, but a flood of misinformation raises future concerns
- Christina Hall Officially Replaces Ex Josh Hall With Ex-Husband Ant Anstead on The Flip Off
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- New York bank manager sentenced to prison for stealing over $200K from dead customer: DOJ
- Hungary’s Orbán predicts Trump’s administration will end US support for Ukraine
- Judge strikes down Biden administration program shielding immigrant spouses from deportation
- $73.5M beach replenishment project starts in January at Jersey Shore
- James Van Der Beek Details Hardest Factor Amid Stage 3 Cancer Diagnosis
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Mother fatally shot when moving daughter out of Iowa home; daughter's ex-boyfriend arrested
- MLB in for 'a different winter'? Hot stove heats up with top free agents, trade targets
- Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Rashida Jones honors dad Quincy Jones after his death: 'Your love lives forever'
- Chiefs' deal for DeAndre Hopkins looks like ultimate heist of NFL trade deadline
- Racist text messages referencing slavery raise alarms in multiple states and prompt investigations
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Union puts potential Philadelphia mass transit strike on hold as talks continue
Watch these classic animal welfare stories in National Animal Shelter Appreciation Week
PETA raises tips reward to $16,000 for man who dragged 2 dogs behind his car in Georgia
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Volkswagen recalls nearly 115,000 cars for potentially exploding air bag: See list here
Chappell Roan admits she hasn't found 'a good mental health routine' amid sudden fame
Garth Brooks Files to Move Sexual Assault Case to Federal Court