The official song of the Federal Reserve:

Via CNBC:

The Federal Reserve will keep its version of the monetary printing press running a while longer, and provided few hints Wednesday that the days of extreme easing are coming to a close.

In a decision watched with a surgeon’s precision on Wall Street, the central bank’s Open Markets Committee tiptoed around the vaunted “tapering” question, saying it will continue watching the economy for more gains.

The Fed more or less met market expectations for this meeting, though some traders thought it would lay out a groundwork that could lead to at least a modest tightening of its $85 billion a month bond-buying program by September.

The release of the FOMC statement precedes a 2:30 pm news conference from Chairman Ben Bernanke.

Markets have been intent on finding signs for when the Fed will end its quantitative easing program, which has driven the central bank balance sheet to $3.45 trillion and sparked worries about asset bubbles in risk assets.

The Fed credits itself with funds that it uses to buy Treasurys and mortgage-backed securities.