I have a major in Econ/Business. My economics professor once accurately pointed out that if you took all the economists in the country and laid them down head to toe, they still couldn’t reach a conclusion. Yet, an awful lot of them are now leaning towards better times in 2013 and 2014. They predict that the unemployment rate will be steadily improving. The inflation forecast has been lowered which gives playing room for the Fed. The second quarter of 2013 was pretty weak partly due to the effects of the Government Sequester. The effects of that Sequester will be lessened later in the year, thus allowing the world’s largest economy to rebound stronger. The Fed has committed to continuing QE3 until unemployment drops to 6.5 percent and inflation remains at the 2 percent target. Even if QE3 was suspended, it is expected that the Fed would reinstate it if the economy took a turn for the worse. Consumer price inflation is expected to rise just 1.5%, the lowest yearly rate since 2009.