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marmar

(77,080 posts)
Mon Sep 14, 2015, 12:59 PM Sep 2015

Goldman Sachs demands more E-Z money from the Fed


Ignore all the talk that the only two options facing the Federal Reserve this week are hiking interest rates and standing pat. The U.S. central bank, given the current environment, should actually think about easing, said Jan Hatzius, chief economist at Goldman Sachs.

With benchmark interest rates near zero, the easiest way to ease would be for Fed Chairwoman Janet Yellen to signal a rate move in 2016, later than markets currently expect, Hatzius said in a note to clients. “We will listen closely for any hints in Chair Yellen’s news conference that she is now leading toward a 2016 liftoff,” he said.

Goldman’s call comes after Ray Dalio, who runs the world’s largest hedge fund, Bridgewater Associates, suggested late last month that the Fed consider easing monetary policy further before significantly lifting rates.

Goldman pegs its call for Fed easing to financial turbulence sparked by signs of an economic slowdown in China, which has intensified since the last Fed meeting. ..............(more)

http://www.marketwatch.com/story/goldman-calls-on-fed-to-launch-qe-plan-2015-09-14





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Goldman Sachs demands more E-Z money from the Fed (Original Post) marmar Sep 2015 OP
Can I get some free money, too? Octafish Sep 2015 #1
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