All this talk about the Fed "tapering" bond-buying — what's it to you?

Sep 22, 2021
Two words: interest rates. On stuff like mortgages. Business loans. Keeping them low keeps capital flowing in this pandemic economy.
Federal Reserve Chairman Jerome Powell speaks in July. The central bank has been communicating about eventually tapering its bond purchases so the markets will be prepared when it starts.
Nicholas Kamm via Getty Images