Home Business What’s a Taper? Why Are Central Banks Debating Them?

What’s a Taper? Why Are Central Banks Debating Them?

14
0



Yes, but never on such a massive scale. In the six years that followed the 2008 financial crisis, the Fed bought more than $3.5 trillion in bonds. Other central banks had similar programs at the time, including the Bank of Japan, the European Central Bank, and the Bank of England. The European Central Bank and the Bank of Japan never stopped the bond purchases they started after the financial crisis, and stepped up their buying after the pandemic hit in the spring of 2020. 

Previous articleRepublican wins on abortion, voting and guns cap their banner 2021, with Democratic goals in ‘dire’ danger despite Washington power
Next articleHayley Mills became a Disney darling at 12. Her new memoir recalls how it went from there.

LEAVE A REPLY

Please enter your comment!
Please enter your name here