上一次美联储缩减QE发生在2013年。 当年5月，伯南克在国会听证会上表示联储可能即将开始缩减QE，但直到当年12月的议息会议才正式决定开启缩减。之后美联储的资产购买规模逐步下降，到2014年10月正式退出了QE。再之后联储资产负债表规模基本维持不变，直至2017年10月开启了缩表。 图1：美联储资产负债表变化 资料来源：Bloomberg，天风证券研究所 2013年5月...
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天风宏观：这次taper会有多大影响？
天风宏观2021-07-31
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