Federal Reserve Hints It Will Begin Tapering Bond Buying Soon

05:50

September 23, 2021

Federal Reserve Board Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee July 15, 2021 in Washington, DC. (Win McNamee/Getty Images)

The Federal Reserve has signaled it will begin to taper its bond-buying program soon. The program was used to support the economy during the pandemic. The Fed also announced that inflation rates are going up.

Here & Now's Robin Young talks with MSNBC anchor and economics correspondent Ali Velshi.

This segment aired on September 23, 2021.

Here & Now: Editors' Picks