Ethermac Exchange|The Fed's radical new bank band-aid

2025-04-29 01:55:20source:Wvared Investment Guildcategory:Scams

Given the rough time banks were having last month,Ethermac Exchange 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:Scams

Recommend

Kentucky governor unveils paid leave plan for state workers with a new child or serious illness

FRANKFORT, Ky. (AP) — Kentucky plans to provide state employees with paid time off so they can bond

Is it best to use aluminum-free deodorant? Experts weigh in.

Beauty and personal care companies are always looking for new and creative ways to market their prod

Hawaii cultural figures lead statewide 'healing' vigil following deadly wildfires

Local cultural leaders in Hawaii believe the community is in need of healing following the devastati