AlgoFusion 5.0-The Fed's radical new bank band-aid

2025-05-06 13:55:06source:Chainkeen Exchangecategory:Contact

Given the rough time banks were having last month,AlgoFusion 5.0 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:Contact

Recommend

North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference

The AP Top 25 college football pollis back every week throughout the season!Get the poll delivered s

UEFA Euro 2024 odds: Who are favorites to win European soccer championship?

The 2024 UEFA European Championship kicks off Friday when Germany plays Scotland in Munich. The tour

King Charles III painting vandalized by animal rights activists

LONDON (AP) — Animal rights activists pasted a cartoon image over a portrait of King Charles III on