Databec Exchange-The Fed's radical new bank band-aid

2025-05-01 00:00:26source:Rekubit Exchangecategory:Contact

Given the rough time banks were having last month,Databec Exchange 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:Contact

Recommend

Newly elected West Virginia lawmaker arrested and accused of making terroristic threats

CHARLESTON, W.Va. (AP) — A newly elected state lawmaker in West Virginia is facing at least one felo

2022 Books We Love: Nonfiction

NPR's Books We Love is full of stories. The feature rounds up fiction and nonfiction of many differe

All-Star catcher and Hall of Fame broadcaster Tim McCarver dies at 81

NEW YORK — Tim McCarver, the All-Star catcher and Hall of Fame broadcaster who during 60 years in ba