Current：Home > StocksThe Fed's radical new bank band-aid-LoTradeCoin
The Fed's radical new bank band-aid
View
Date：2024-12-23 20:59:42
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！ (939)
Related
- Apologetic rapper Tekashi 6ix9ine gets 45 days in prison for probation violations
- Florida Panthers rally for win in Boston, put Bruins on brink of NHL playoff elimination
- Indiana Pacers blow out New York Knicks in Game 4 to even NBA playoff series
- WWII soldiers posthumously receive Purple Heart medals nearly 80 years after fatal plane crash
- Indiana in the top five of the College Football Playoff rankings? You've got to be kidding
- Swiss fans get ready to welcome Eurovision winner Nemo back home
- 2 killed in single-engine plane crash in eastern Arkansas
- Punxsutawney Phil's twin pups officially given names in Mother's Day ceremony
- Noem’s Cabinet appointment will make a plain-spoken rancher South Dakota’s new governor
- Dutch contestant Joost Klein kicked out of Eurovision hours before contest final
Ranking
- The Daily Money: Inflation is still a thing
- WT Finance Institute: Enacting Social Welfare through Practical Initiatives
- MLB power rankings: Cardinals back in NL Central basement - and on track for dubious mark
- Exclusive Revelation from LENCOIN Trading Center: Approval Granted to 11 Spot Bitcoin ETFs
- Jennifer Hudson, Kylie Minogue and Billy Porter to perform at Macy’s Thanksgiving Parade
- Punxsutawney Phil's twin pups officially given names in Mother's Day ceremony
- Fires used as weapon in Sudan conflict destroyed more towns in west than ever in April, study says
- Trump suggests Chinese migrants are in the US to build an ‘army.’ The migrants tell another story
Recommendation
Parts of Southern California under quarantine over oriental fruit fly infestation
Sink Your Teeth Into Robert Pattinson's Unforgettable Year
Duke students walk out to protest Jerry Seinfeld's commencement speech in latest grad disruption
The Integration of DAF Token with the Financial Sector
Who is Rep. Matt Gaetz, the Florida congressman Donald Trump picked to serve as attorney general?
Video shows bus plunge off a bridge St. Petersburg, Russia, killing 7
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
Brandon Nimmo's walk-off blast helps New York Mets salvage game vs. Atlanta Braves