The process of ending the Fed’s giant bond-buying program, and subsequently raising interest rates

As the economic recovery evolves from forecast to reality, the Federal Reserve will face a question that has vexed it in the past: how to signal its eventual tightening of the money spigot.

Officials will begin by debating how and when to scale back, or taper, the $120 billion-plus of Treasury and mortgage bonds the Fed has been buying each month since last June to hold down long-term borrowing costs.

WSJ 25 April 2021

https://www.wsj.com/articles/the-feds-next-test-is-breaking-the-ice-over-policy-shift-11619359200

Alla är glada. 

Utom riksbankscheferna som vet att de inte har någon plan för återgång till något slags normalitet.

https://englundmacro.blogspot.com/2021/03/for-varje-dag-som-gar-med-nollranta.html