Surprising Wall Street and most economists, the Federal Reserve postponed its move to ease out of buying $85 billion worth of bonds a month to stimulate the economy.
The Fed announced today that it will continue with the purchase of bonds, after it had previously hinted at a new policy.
Chairman Ben Bernanke says, "Conditions in the job market today are still far from what all of us would like to see."
The improving economy and falling unemployment rate were expected to be enough for the Fed to ease its "quantitative easing."
KFBK Financial Analyst Kelly Brothers says think of the money as lighter fluid for charcoal briquettes.
"How much lighter fluid do you have to put on before the briquettes basically keep the flame alive themselves?," Brothers said.
So when there's talk of ending the program, the concern is that the "quantitative easing and low interest rates are the fluid, and they are concerned that they would cut that off too quickly before the economy begins to ‘burn’ of its own strengths," Brothers said.
The stunning stock market rally of 2013 continued with both the S&P 500 and Dow Industrials closing at all-time highs after the Fed announcement.