The Bernanke Fed also extended the forward guidance for the federal funds rate to remain in the zero-bound to mid-2015, while announcing that Operation Twist would remain active at least through the end of the year.

FORBES: Bernanke: 'I Don't Think Our Tools Are That Strong'

Despite rumors that the PPIP will be completely abandoned, the Treasury and funds involved say the Fed's part of the plan is moving forward.

FORBES: PPIP Ready To Pop