The Taper Tantrum of 2013 was a result of the Federal Reserve’s announcement that it would begin to taper its quantitative easing program.

This caused a sell-off in the bond market and a spike in interest rates.. The Taper Tantrum of 2013: What It Is and What Caused It How tapering affects stock market? The Federal Reserve’s Open Market Committee (FOMC) decides on the target federal funds rate. The federal funds rate is the rate at which depository … Read more