Tale of the tapering: Boston Fed president discusses scaling back bond purchases Aug. 18, 2021

from Marketplace Morning Report· ·

The Federal Reserve’s bond-buying stimulus program's aim was purchase Treasury and mortgage-backed securities so banks could lend more and keep interest rates low as the COVID-impacted economy healed. Boston Fed president Eric Rosengren thinks the tapering of these bond purchases should happen as soon as fall. We also discuss what's happening with Ford's plans to pivot more to online orders instead of on-the-ground inventory.



The Federal Reserve’s bond-buying stimulus program's aim was purchase Treasury and mortgage-backed securities so banks could lend more and keep interest rates low as the COVID-impacted economy healed. Boston Fed president Eric Rosengren thinks the tapering of these bond purchases should happen as soon as fall. We also discuss what's happening with Ford's plans to pivot more to online orders instead of on-the-ground inventory.