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The Fed tapers its support for bond markets and the economy – 5 questions answered about what that means

  • Written by Edouard Wemy, Assistant Professor of Economics, Clark University
The Fed tapers its support for bond markets and the economy – 5 questions answered about what that meansFed Chair Jerome Powell prepares for the end of the era of cheap money. Matt McClain/The Washington Post via AP

The Federal Reserve on Nov. 3, 2021, said it is winding down the bond-buying program it’s had in place since March 2020. The Fed’s policy-setting committee said it would immediately “taper” asset purchases by US$15...

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