Markets & Economy


What's next for quantitative easing?

December 18, 2013

The markets weigh news of Fed tapering

On Wednesday, December 18, Federal Reserve Chairman Ben Bernanke announced plans to begin scaling back the Fed's "quantitative easing" (QE) program of asset purchases. In this video recorded on December 5, Vanguard chief economist Joe Davis explains why the end of QE could reflect good news for the economy, even if it causes some short-term market volatility.

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