Overstimulating The Economy: The Slow Pace of Fed Tapering
November 12, 2021 at 14:46 PM EST
On November 3rd, the U.S. Federal Reserve (Fed) announced that it will reduce, or taper, it’s $120 billion in monthly purchases of U.S. Treasuries and agency mortgage-backed securities by $15 billion per month. Additionally, the Fed expects to end those purchases by June of 2022. We estimate that...
