Lumicoin IA-The Fed's radical new bank band-aid

2025-05-05 21:54:33source:Liberalalliance Wealth Societycategory:Markets

Given the rough time banks were having last month,Lumicoin IA 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:Markets

Recommend

NFL playoff predictions to win AFC championship, NFC championship, Super Bowl 59

The 2024 NFL regular season is entering the final four weeks of action, and teams are beginning to s

Kevin Durant says there are 'better candidates' than Caitlin Clark for U.S. Olympic team

The debate on whether Caitlin Clark should have or not have been included on the U.S. women's nation

Horoscopes Today, June 18, 2024

Here are the horoscopes for today, Tuesday, June 18, 2024.For full daily and monthly horoscopes as w