The Federal Reserve has spent more than a decade buying up government debt as part of a post-2008 program to support the economy, also known as quantitative easing. Now with inflation reaching record highs, those days are over, and a new era of quantitative tightening is emerging. On this week’s episode, the FT’s markets editor Katie Martin explains how markets expect to grapple with the change.  Clips from ABC, CNBC, CBS- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Did QE cause inflation?The mystery of how quantitative tightening will affect marketsDid central bank balance sheets really need to get so big?- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Katie Martin (@katie_martin_fx) and Michela Tindera (@mtindera07)Read a transcript of this episode on FT.com Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.