© 2024 KVNF Public Radio
MOUNTAIN GROWN COMMUNITY RADIO
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
We have been having technical difficulties with our online stream. You can stream KVNF on our secure APP or use a browser to stream HERE.
Sorry for the inconvenience.

Federal Reserve Tries To Get Credit Moving Again

The government announced Tuesday that it plans to buy huge amounts of short-term debt from companies. The Fed will buy "commercial paper," a short-term financing mechanism that many companies use to finance their day-to-day operations, like meeting payroll or purchasing supplies. NPR's Adam Davidson tells Steve Inskeep why the Fed thought it needed to step in again.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Adam Davidson is a contributor to Planet Money, a co-production of NPR and This American Life. He also writes the weekly "It's the Economy" column for the New York Times Magazine.
Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.