Tale of the tapering: Boston Fed president discusses scaling back bond purchases

<p>The Federal Reserve’s bond-buying stimulus program&#8217;s aim was purchase Treasury and mortgage-backed securities so banks could lend more and keep interest rates low as the COVID-impacted economy healed. Boston Fed president Eric Rosengren thinks the tapering of these bond purchases should happen as soon as fall. We also discuss what&#8217;s happening with Ford&#8217;s plans to pivot more to online orders instead of on-the-ground inventory.</p>