You sound a little less certain the taper will get underway this year, says Jon Hilsenrath as part of his question to Bernanke. "There is no set plan," responds Bernanke. "We are tied to the data."
The quick take is Hilsenrath nailed it. Bernanke at his June press conference left pretty much no doubt the taper was coming this year and QE was going to end at some point in 2014. As his term nears an end, the chairman may not be interested in seeing another bond market blow-up.