Looks like the perpetually confused FOMC is deciding to scale back the monthly purchases a bit: $5 billion in MBS and $5 billion in Treasuries.
Any predictions? I doubt that such a small change in the quantity of purchases will have much of an effect anyway. What I am sure about is that this decision will spur a whole flurry of misinformed comments on QE. For starters, the above article repeatedly referred to it as "stimulus".