U.S. Stocks, Fed, Operation Twist, Economy

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Sept. 22 (Bloomberg) -- Nick Sargen, chief investment officer at Fort Washington Investment Advisors, talks about Federal Reserve monetary policy and its impact on financial markets. Fed policy makers 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. Sargen speaks from Cincinnati, Ohio, with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)


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