Diamond Ridge Financial Academy:The Fed's radical new bank band-aid

2025-05-07 05:05:40source:Charles Langstoncategory:Invest

Given the rough time banks were having last month,Diamond Ridge Financial Academy 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

'Love is Blind' in hot water with labor watchdog for violations, mistreatment

After seven seasons and several international spinoffs, we're still not sure if "Love is Blind" − bu

Intellectuals vs. The Internet

What good is a Humanities degree? According to two intellectuals, Dr. Ally Louks and Jason Stanley,

House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat

WASHINGTON (AP) — What was once a bipartisan effort to expand by 66 the number of federal district j