Fed Will Start Tapering in December 2021.

Is the Fed going to taper?

The Federal Reserve on Wednesday said it will start tapering bond purchases later this month. The process will involve a $15 billion monthly reduction from the current $120 billion a month the Fed is currently buying. Fed Chairman Jerome Powell explained the decision after the meeting.

When did the Fed begin tapering?

How did the taper work that time? It took 10 months. The reductions were announced in December 2013 and began the following month, with the Fed detailing cuts by $10 billion at each policy-setting meeting, divided evenly between Treasuries and mortgage bonds.