Zopes|The Fed's radical new bank band-aid

2025-05-01 12:37:15source:Charles H. Sloancategory:Scams

Given the rough time banks were having last month,Zopes 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:Scams

Recommend

Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game

NFL games are a spectrum. Some are back-and-forth shootouts. Others are duds without much scoring at

A Georgia county official dies after giving testimony about a hazardous chemical plant fire

ATLANTA (AP) — A Georgia county official died after he collapsed at the state Capitol following test

Erin Foster Reveals the Real-Life Easter Egg Included in Nobody Wants This

When it comes to in-laws, it’s always best to stay on their good side.So when it came to Erin Foster