Fed Tapering?

The Fed announced it plans to sell the ETFs and bonds it purchased. They are already doing reverse repo operations. Some have asked when they will reduce their monthly asset purchases. So, what is the Fed doing, and what are some potential things they might do? Fed Taper? Fed Reverse Repo Overnight Market Fed Funds Rate Interest Rates Asset Purchase Program Operation Switch MBS Mortgage-Backed Securities IOER Interest on Excess Reserves Probability of Fed rate hike? What is the SOFR rate? What is the effective fed funds rate? Mentioned in this Episode: Broken Pie Chart Book by Derek Moore https://amzn.to/2MibTSk Fed Balance Sheet h.4.1 report https://www.federalreserve.gov/releases/h41/current/ Fed SMCCF corporate bonds and ETF buying program https://www.federalreserve.gov/monetarypolicy/smccf.htm Fed Overnight Reverse Repo Operations https://fred.stlouisfed.org/series/RRPONTSYD NY Fed Effective Fed Funds Rate https://www.newyorkfed.org/markets/reference-rates/effr SOFR Rate Secured Overnight Funding Rate https://fred.stlouisfed.org/series/SOFR