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Podcast: The Indicator from Planet Money
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The Fed's radical new bank band-aid
Category: Business
Duration: 00:08:03
Publish Date: 2023-04-10 21:51:09
Description: 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.

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