Fed’s Taper Start Seen as Non-Event in Global Poll of Investors

Fed’s Taper Start Seen as Non-Event in Global Poll of Investors

Pete Marovich/Bloomberg

The Fed began buying $40 billion of mortgage-backed securities per month in September of last year and then supplemented that with $45 billion of Treasury securities in December. Bernanke suggested to reporters on June 19 that the program might be wound up by the middle of next year.