Fed tiptoes towards the taper stage months before the curtain call
newscatcher
2021-06-14 11:30
Fed tiptoes towards the taper stage months before the curtain call
By Ann Saphir(Reuters) – For the second time in less than a decade, the Federal Reserve is getting ready to launch a thorny debate over how and when to sunset a massive asset-purchase program that helped cushion an economy battered by crisis but left it with a mountain of bonds that may linger on its balance sheet for years to come.Officials' opening discussion about how and when to taper the U.S. central bank's $120 billion in monthly bond purchases looks set to occur at this week's two-day policy meeting and will take place against a dramatically different backdrop than the last time around, when they were more skittish about owning such a substantial slice of the bond market.

https://wsau.com/2021/06/14/fed-tiptoes-towards-the-taper-stage-months-before-the-curtain-call/

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