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

2025-05-04 09:41:22source:Quantum Insightscategory:Invest

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:Invest

Recommend

Nevada attorney general revives 2020 fake electors case

LAS VEGAS (AP) — A slate of six Nevada Republicans have again been charged with submitting a bogus c

Self-professed ‘Wolf of Airbnb’ sentenced to over 4 years in prison for defrauding landlords

NEW YORK (AP) — A Florida man who boasted that he was the “Wolf of Airbnb” was sentenced Monday to o

Higher tax rates, smaller child tax credit and other changes await as Trump tax cuts end

At the stroke of midnight December 31, 2025, nearly every American will experience a tsunami of tax