Broaddus, Swonk, Wren's Own Words on Fed Policy

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Sept. 21 (Bloomberg) -- Alfred Broaddus, former president of the Federal Reserve Bank of Richmond, Diane Swonk, chief economist at Mesirow Financial Holdings Inc., and Scott Wren, senior equity strategist at Wells Fargo Advisors LLC, offer their views on today's Federal Open Market Committee decision to replace much of the short-term debt in the Fed's portfolio with longer-term Treasuries. This report also contains comments from Nigel Gault, chief U.S. economist at IHS Global Insight; Charles Lieberman, chief investment officer at Advisors Capital Management LLC, and Ronald Muhlenkamp, president of Muhlenkamp & Co. (Source: Bloomberg)


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