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• Even after new bond buying winds down, the Fed plans to keep reinvesting its bond holdings. It just won't be adding to its stockpile. It will still be providing extraordinary support for the economy.
• And yet some economists remain unconvinced that now is the time to slow the purchases.
• "Interest rates have already gone up as a result of their just talking about bond reductions," said Sung Won Sohn, an economics professor at California State University's Martin Smith School of Business. "If they actually began cutting bond purchases, that would push interest rates up more and damage the economy."
• Wyss thinks Bernanke's imminent departure is the main factor.
• "If this were a decision based on economics, I think the Fed would wait, but given the politics of a new chairman having to go before Congress for confirmation, that

could be an argument for moving now," Wyss said.
•