What Happens When the Fed Turns Off the Tap?

Quantitative easing, the monetary policy tool first developed by the Fed in response to the 2008 financial crisis, was instrumental in protecting markets from the impact of the pandemic. Now talk has turned to when the Fed will taper bond purchases post-pandemic, and how markets will react to the end of large-scale quantitative easing? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights