5 Things We LEARNED From the Federal Reserve’s Tapering Announcement
Yesterday the Federal Reserve announced their plans for tapering their asset purchases, which kicks off their monetary policy tightening. Here are five things we learned from the Federal Reserve announcement yesterday.
1 — The Tapering of Asset Purchasing
The plan is to reduce by a total of $15 billion per month. This will be $10 billion from treasuries and $5 billion from mortgage-backed securities. They’ll be starting this month, reducing by the same amount in…