Federal Government abbreviation against spreadsheet of numbers

QE3: What’s the Fed Going to Do?

What’ll the Fed do about QE3 when it meets next week? I’ve said before the numbers to watch are those related to employment and the two forces that have driven our anemic recovery—housing and consumer spending. If those numbers indicate the economy is gaining steam, the Fed will start tapering this month. If the numbers cast doubt on the course of the recovery, the Fed is more likely to delay a decision until December.