December 3, 2021

Info IEC

Business & Finance Information

Day: November 7, 2021

The Fed is tapering, and in contrast to the central financial institution’s 2013 discount in month-to-month purchases of Treasury bonds and mortgage-backed securities, the inventory market took it in stride. Or did it? When then-Fed chair Ben Bernanke shocked the market in 2013 with a sign the Fed would finish its bond shopping for, shares declined by about simply as a lot because the pullback that occurred earlier this fall in what had appeared like an unstoppable market already ready for the Fed taper. And for all of the recollections of the “taper tantrum,” the market in 2013-2014 got here