Fed Decision Day Guide From Tapering QE to Employment Thresholds

Here’s what to look for when the Federal Open Market Committee releases its statement today at 2 p.m. after a two-day meeting in Washington. The panel will also provide new economic forecasts, and Federal Reserve Chairman Ben S. Bernanke will hold a news conference at 2:30 p.m.

-- Taper on tap? Economists are divided over whether the Fed will decide today to reduce its $85 billion monthly pace of bond purchases, with some saying that recent economic data is strong enough to warrant a move, and others that policy makers need to see more evidence that growth is durable.