Ov Finance:The Fed's radical new bank band-aid

2025-04-30 15:30:50source:Zopes Exchangecategory:reviews

Given the rough time banks were having last month,Ov Finance 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.

More:reviews

Recommend

All That You Wanted to Know About She’s All That

This movie was all that.Case in point: She’s All Thathad Freddie Prinze Jr., Rachael Leigh Cookand a

Kansas will pay $50,000 to settle a suit over a transgender Highway Patrol employee’s firing

TOPEKA, Kan. (AP) — Kansas will pay $50,000 to settle a federal anti-discrimination lawsuit filed by

What to know about the US arrest of a Peruvian gang leader suspected of killing 23 people

A South American crime boss wanted in the killings of at least 23 people in Peru was captured this w