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The Fed's radical new bank band-aid

Podcast |: The Indicator from Planet Money
Publisher |: NPR
Media Type |: audio
Podknife tags |: Business,; Economics
Categories Via RSS |: Business
Publication Date |: Apr 10, 2023
Episode Duration |: 00:08:03

Recent bank failures are putting a spotlight on risky behaviors in the financial sector. The Federal Reserve is introducing a new way for banks to borrow money that's better for banks, but exposes the government to more cost and risk. Today, we explain the Bank Term Funding Program.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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