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Mar 31, 2023

The view from the Fed’s discount window

Banks try to avoid the Fed’s discount window, an emergency lending program. We explain why. Plus, a small business rides out economic and climate changes.

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The view from the Fed’s discount window — Olivier Douliery/AFP via Getty Images

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Segments From This Episode

The Weekly Wrap
Marketplace host Amy Scott talks to Jordyn Holman of the New York Times and Linette Lopez of Business Insider about the banking crisis hearings and the rest of the week’s economic news for the Weekly Wrap.
Why banks are reluctant to borrow at the Fed’s “discount window”
by Sabri Ben-Achour
Alex Wong/Getty Images
There’s a stigma attached to the emergency lending program.
The benchmark for determining global crude oil prices is changing
by Lily Jamali
Joe Raedle/Getty Images
Dated Brent, used to set the price of most of the world’s oil, will include supplies from Texas for the first time.
California retailer weathers the storm of tech layoffs and a “climate pandemic”
Courtesy of Sonia McMoran
In the laid-back beach town of Santa Cruz, a local retailer adds wildfires and epic rain storms to the list of things to plan for.
"Poverty is a big business"
More and more for-profit companies are taking charge of welfare administration. Krissy Clark looks at whether one of these companies is really benefiting its clients.