Perhaps more important is what the Fed says about its vast trove of bonds. The central bank bought trillions of dollars’ worth of bonds after the 2008 financial crisis to keep interest rates low and support markets, and it has been slowly letting some roll off as they mature. Investors want to know how much the Fed will ultimately hold on to, and how long it will take to get there.

Source: Los Angeles Times March 18, 2019 20:25 UTC