Resumen de Taper Trouble
The article discusses the international consequences of the U.S. Federal Reserve's (Fed's) policy regarding the paring back (tapering) of the Fed's monthly purchases of U.S. Treasury and mortgage-backed securities as of July 2014. America's economy and the nation's long-term interest rates are mentioned, along with private moneylending and yields involving longer-maturity U.S. bonds. Investors in Ukrainian bonds are assessed, as well as former U.S. Fed Chairman Ben Bernanke and the International Monetary Fund.
