Simply Economics

This week's employment report may affect when and how fast the Fed tapers asset purchases.

Housing and manufacturing are oscillating. With consumer sentiment down, the personal income report will be key. Fed tapering is not a done deal.

FedSpeak continues to dominate with this week's Fed conference at Jackson Hole, Wyoming, plus Fed minutes. But key housing and manufacturing numbers also post.

Strong economic data may be bringing forward expectations for QE tapering.

With no notable FedSpeak, a string of housing indicators is the economic focus this week.

The Fed releases it latest policy statement on forecasts on Wednesday afternoon, followed by Chairman Ben Bernanke's press conference. Markets could swing sharply on any of the news or comments.

Market attention will be on Friday's jobs report for May-especially since recent labor market news has been mixed.

The Fed has switch guidance on quantitative easing to indicator measures instead of timing. How do the latest labor market readings fit in with Fed guidance.

This week’s highlights include the latest Fed policy debate and decision along with the all important employment report.

Find out what how economics impacted the market last week (it's not always what you think) and what to look for in the weeks to come, including the consensus estimate for next quarter's GDP