ECB is second giant to taper. Bank of Japan already ended QE. Bank of Canada shed 15% of its assets. Bank of England & Reserve Bank of Australia are tapering. Reserve Bank of New Zealand quit QE cold turkey. Riksbank will end QE this year. What’s taking the Fed so long?

Ha Ha Ha. They've long since painted themselves into a corner. RPM's latest interview touches on this quite well, though readers of this website could have known this for over a decade.