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Guggenheim's Minerd Disappointed With Fed, Says Markets Priced for More Action

Sep.18 -- Scott Minerd, Guggenheim Partners co-founder and Guggenheim Global chief investment officer, and Jeffrey Rosenberg, BlackRock systematic fixed income senior portfolio manager, react to the decision by the Federal Reserve's policy-setting Federal Open Market Committee to lower their main interest rate for a second time this year while splitting over the need for further easing.