In the US markets, it was a volatile session after Bernanke's move. Stocks however cut losses in later trade. The major averages took on mild declines in a day of tight-range trading, initially slipping after a Fed policy announcement, regaining ground on hopes that the central bank was laying the groundwork for more monetary easing, then fizzling after the Bernanke news conference.
Ben Bernanke, Chairman of Federal Reserve said that, “The committee is maintaining a highly accommodative policy. We decided to keep the target fund
