Current:Home > reviewsThe Fed's radical new bank band-aid -Secure Horizon Growth
The Fed's radical new bank band-aid
Oliver James Montgomery View
Date:2025-04-10 07:32:25
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! (617)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Flesh-eating bacteria infections are on the rise in the U.S. − here's how one expert says you can protect yourself
- 'The Masked Singer' Season 10: Premiere date, judges, how to watch new season episodes
- WGA Reached A Tentative Deal With Studios. But The Strike Isn't Over Yet
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Hells Angels club members, supporters indicted in 'vicious' hate crime attack in San Diego
- Sparkling water is popular, but is it healthy?
- Call for sanctions as homophobic chants again overshadow French soccer’s biggest game
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- 3 northern Illinois sheriff’s deputies suffer burns in dynamite disposal operation
Ranking
- Bodycam footage shows high
- Missing toddler found 3 miles from Michigan home, asleep and using her dog as a pillow
- Watchdog files open meetings lawsuit against secret panel studying Wisconsin justice’s impeachment
- Sophie Turner and Joe Jonas Reach Temporary Agreement Over 2 Kids Amid Lawsuit
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- If you struggle with seasonal allergies, doctors recommend you try this
- Pakistani raid on a militant hideout near Afghanistan leaves 3 militants dead, the military says
- College football Week 4 overreactions: Too much Colorado hype? Notre Dame's worst loss?
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Officials set $10,000 reward for location of Minnesota murder suspect mistakenly released from jail
Pakistani raid on a militant hideout near Afghanistan leaves 3 militants dead, the military says
Pakistani raid on a militant hideout near Afghanistan leaves 3 militants dead, the military says
Trump invites nearly all federal workers to quit now, get paid through September
'The Masked Singer' Season 10: Premiere date, judges, how to watch new season episodes
How you can stay safe during sudden, severe turbulence
At least 360 Georgia prison guards have been arrested for contraband since 2018, newspaper finds