# Prof. William Silber on the Federal Open Market Committee's statement

1 Faculty News January 30, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/video/nyu-s-silber-on-fed-s-decision-u-s-economy-05IoogdOQQ6cT9_r2rlrWQ.html) -- "No surprises. The stock market isn't surprised either because it, in fact, has risen. We're at the highest level in years. It has risen in anticipation of no change, continued expansion."

[Watch the video](http://www.bloomberg.com/video/nyu-s-silber-on-fed-s-decision-u-s-economy-05IoogdOQQ6cT9_r2rlrWQ.html)