Fed's Bullard Doesn't Expect Another Taper Tantrum

How did the taper tantrum of 2013 affect market reactions, and what lessons can be learned from it?

In what ways can effective communication mitigate market concerns regarding balance sheet reduction?

What factors contribute to the determination of an appropriate key rate for the US economy?

What are the potential implications of unwinding the balance sheet for the US economy?

Discuss the significance of market expectations in relation to the Fed's balance sheet management.