Current:Home > Contact-usThe Fed's radical new bank band-aid-VaTradeCoin
The Fed's radical new bank band-aid
View Date:2025-01-10 09:57:17
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! (873)
Related
- Bohannan requests a recount in Iowa’s close congressional race as GOP wins control of House
- MLB power rankings: Red-hot Chicago Cubs power into September, NL wild-card race
- Week 1 fantasy football risers, fallers: Revenge game for Matthew Stafford
- Missouri officer dies after crashing into a tree during high speed chase
- Sports are a must-have for many girls who grow up to be leaders
- Florida State coach Mike Norvell addresses 'failure' of stunning 0-2 start
- North Carolina court reverses contempt charge against potential juror who wouldn’t wear mask
- Human remains found in Indiana in 1993 are identified as a South Carolina native
- Wisconsin’s high court to hear oral arguments on whether an 1849 abortion ban remains valid
- Murder on Music Row: Could Kevin Hughes death be mistaken identity over a spurned lover?
Ranking
- Mississippi Valley State football player Ryan Quinney dies in car accident
- US closes 5-year probe of General Motors SUV seat belt failures due to added warranty coverage
- Labor Day shooting on Chicago suburban train kills 4, police say
- Arkansas woman pleads guilty to bomb threat against Gov. Sarah Huckabee Sanders
- Advocacy group sues Tennessee over racial requirements for medical boards
- 1 of 5 people shot at New York’s West Indian American Day Parade has died
- Family found dead after upstate New York house fire were not killed by the flames, police say
- Highlights from the first week of the Paralympic Games in Paris
Recommendation
-
Insurance magnate pleads guilty as government describes $2B scheme
-
You Have 24 Hours To Get 50% Off Ashley Graham’s Self-Tanner, Madison LeCroy’s Eye Cream & $7 Ulta Deals
-
Morgan Stickney sets record as USA swimmers flood the podium
-
Murder on Music Row: Predatory promoters bilk Nashville's singing newcomers
-
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
-
Para badminton duo wins silver for USA's first Paralympic medal in sport
-
4-year-old boy fatally shot inside a St. Louis house with no adults present
-
Florida man sentenced for attacking Jewish teens