Greenledgers Trading Center:The Fed's radical new bank band-aid

2025-05-06 00:43:21source:Crypen Exchangecategory:News

Given the rough time banks were having last month,Greenledgers Trading Center 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:News

Recommend

Who are the most valuable sports franchises? Forbes releases new list of top 50 teams

Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise

YouTuber known for drag race videos crashes speeding BMW and dies

NEW YORK (AP) — A car influencer who posted YouTube videos of drag races on New York City streets di

Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Open Door

There are spoilers ahead. You might want to solve today's puzzle before reading further! Open DoorCo