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    Surprise! NYSE Traders React To Stunning FOMC, Bernanke QE3 Announcement

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    IBTimes

    by IBTimes

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    Keith Bliss, senior vice president and director of sales & marketing at Cuttone & Co., Inc., weighs in on the surprising news the Federal Reserve will not yet taper its $85 billion-a-month bond-buying program. Many market professionals forecast Fed Chairman Ben Bernanke would announce scaling back the third phase of the central bank's quantitative easing program after the Federal Open Market Committee's (FOMC) September 17-18 meeting.