WATCH: Bernanke on Fed announcement

BY newsdesk  September 18, 2013 at 2:23 PM EDT

The Federal Open Markets Committee has decided not to taper off its purchasing of $85 billion in bonds, saying that the unemployment rate is still too high. The surprise decision sent the Dow Jones Industrial Average soaring to a record high. Read the committee’s complete statement here.


H/T Simone Plathe