Here's What Will Happen When the Fed's 'Tapering' Starts, and Why You Should Care - NewsBreak
By Shannon in Business
Updated 3 years ago
Fed officials indicated Wednesday that they're ready to begin "tapering" – the process of slowly pulling back the stimulus they've provided during the pandemic. Bond purchases have added more than $4 trillion to the Fed's balance sheet, which now stands at $8.5 trillion. Tapering represents a teeing up of future...