Minerd Calls Feds Economic Forecast Overly Optimistic

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Guggenheim Global CIO Scott Minerd says restrictive monetary policy will probably cause about a 2% rise in unemployment over the next two years. He speaks on Bloomberg Surveillance: The Fed Decides. The Fed raised its benchmark rate by 50 basis points to a 4.25% to 4.5% target range. • Follow Bloomberg for business news analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com • Connect with us on... • Twitter:   / business   • Facebook:   / bloombergbusiness   • Instagram: https://www.instagram.com/quicktake/?...

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