# Prof. William Silber on the Federal Reserve's monetary policy

1 Faculty News May 1, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg TV](http://www.bloomberg.com/video/will-janet-yellen-succeed-ben-bernanke-I3IevBQtTsqE3azPKSJxsA.html) -- "I expected the Fed to maintain the status quo, but I did not expect them to say that they could increase or decrease their purchases of bonds."

[Watch the video](http://www.bloomberg.com/video/will-janet-yellen-succeed-ben-bernanke-I3IevBQtTsqE3azPKSJxsA.html)