Biden Advisers Weigh Powell as Fed Chair, Brainard as Vice Chair


Bloomberg 26 August, 2021 - 10:56pm 34 views

What is tapering Fed?

Taper refers to a post-crisis asset purchase plan, where the Fed, at a predetermined stated pace, starts to slowly and gradually decrease how many assets it's buying (the process of purchasing securities for stimulative purposes is commonly called quantitative easing, or Q.E. for short). Bankrate.comTaper, explained: How the Fed plans to slow its bond purchases without wrecking the economy

Business Stories