when does tapering begin 
the fed implements quantitative easing as one of its tools to stimulate the economy like all economic stimulus programs qe policies are not intended to be permanent and after the desired results of an economic stimulus program have been achieved those policies must be gradually rescinded if a central bank changes its operations too fast it can push the economy into a recession if a central bank never eases its economic stimulus policies there may be an increase in inflation tapering is the period where the stimulus has worked and before an accelerated expansion toward inflation 