The Taper of Bond Purchases begins @ $15 Billion, it will be the shortest "Taper" in History.
Over and done before the announced Timeline of 7/8 Months.
They'll either slow it dramatically or reverse course Mid-Point due to - you guessed it... "Policy Error"
Not that it amounts to a drop in the Bucket given O/N Repos are approaching $2 Trillion, recently...
