Permanent historical factsheet

Asset Purchase Taper Begins

United States of America · Economy / Federal Reserve. Chronological records rendered directly from the World History Database.

1Records
2013Date range
1Named people
1Places

Chronological records

2013

Ben Shalom Bernanke18 December 2013

Washington · Economy / Federal Reserve

The Federal Open Market Committee decides to reduce the monthly pace of agency mortgage-backed securities and Treasury purchases beginning in January 2014, starting the gradual taper of its post-crisis quantitative-easing program.

Names involved

Ben Shalom Bernanke

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.