Updated from 11:57 a.m. EDT, March 24On March 18, the Federal Open Market Committee, led by Federal Reserve Chairman Ben S. Bernanke, voted to keep its key target interest rate at 0%, sparking a rally in stocks and a decline in the U.S dollar. Yields on the 10-year bond to decline the most they had since 1962, and gold and oil ended the day sharply higher. A shock to the market was the statement from the FOMC that the Federal Reserve will increase the size of its balance sheet another $1.15 trillion by buying an additional $750 billion in agency mortgage-backed securities, fully backed now by government-sponsored entities Fannie Mae ( FNM) and Freddie Mac ( FRE), and purchasing up to $300 billion of "longer-term Treasury securities over the next six months." But what exactly is the Fed doing, and how does it affect the rest of us? To read more, visit Stockpickr.com.