If Federal Reserve Chairman Ben Bernanke stays mum on quantitative easing , here's what to do.
Economic data watchers - you know who you are - have had some good times lately watching U.S. numbers roll in. Friday's nonfarm payroll report was the latest to suggest that the worst times for the U.S. economy are over. Andrew Busch, global currency and public policy strategist for BMO Capital, thinks that will dictate what Federal Reserve Chairman Ben Bernanke says at the upcoming FOMC meeting.
"Bernanke's backing away from QE3. The fact is we're getting decent economic data. He's got to tamp down expectations," Busch told CNBC's Melissa Lee. "I would imagine after 227,000 on the payroll numbers, the Fed has to get a little more ebullient on the economy."