Fed's Stimulus Step, Economic Outlook

Fed's Stimulus Step, Economic Outlook Play

Sept. 21 (Bloomberg) -- Scott Wren, senior equity strategist at Wells Fargo Advisors, talks about today's policy decision by the Federal Reserve's Federal Open Market Committee and the outlook for the U.S. economy. The Fed will replace much of the short-term debt in their portfolio with longer-term Treasuries in an effort to further reduce borrowing costs and keep the economy from relapsing into a recession. Wren speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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