quantitative easing

COMMENTARY

What is the Fed taper? An economist explains how the Federal Reserve withdraws stimulus

BY: - December 22, 2021

By Edouard Wemy, Clark University Tapering refers to the Federal Reserve policy of unwinding the massive purchases of Treasury bonds and mortgage-backed securities it’s been making to shore up the economy during the pandemic. The unconventional monetary policy of buying assets is commonly known as quantitative easing. The Fed first adopted this policy during the […]