- Rate decision at 17:30 GMT (12:30 Washington)
- Release of economic and Fed funds rate projections at 19:00 GMT (2:00 Washington)
- Bernanke press conference at 19:15 (2:15 Washington)
Expect the Fed to keep the notion of QE as an option but only to be used in case the current moderate recovery shows signs of stalling. If Europe devolves deeper into crisis, QE is a clear option.