# Prof. William Silber reacts to the Federal Reserve meeting minutes

1 Faculty News February 20, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/video/fed-giving-first-hint-it-may-raise-rates-silber-YTXJJSKLQLeZ0wJZswMxOg.html) -- "For the first time, we are hearing some people on the Federal Open Market Committee worry about lower yields, yields that are too low for too long. Institutions are reaching for assets, junk bonds, and one of the members gave a speech two weeks ago, Jeremy Stein, who is a former professor at Harvard, with great intellectual fire power warning about that."

[Watch the video  ](http://www.bloomberg.com/video/fed-giving-first-hint-it-may-raise-rates-silber-YTXJJSKLQLeZ0wJZswMxOg.html)