The Federal Reserve is further reducing the rate at which it buys government bonds. The US central bank system will buy an average of $ 4.5 billion in bonds next week, up from 5 billion this week.
The Fed has already bought hundreds of billions of dollars in government bonds. This started the central banking umbrella in March, to prevent the financial system from crashing due to the corona crisis. The daily buying program peaked between March 19 and April 1, when $ 75 billion worth of securities were bought daily. Then the buy-outs were gradually phased out.