Snip .. additional QE in the second quarter?
April 3, 2012
Goldman Sachs economics wonks expect to hear clear evidence that a discussion about further easing measures was part of the March 13 meeting of the Fed’s key rate-setting comittee, known as the FOMC. The minutes from the meeting will be out at 2 p.m. Here’s Goldman’s bullet points on what they’re listening for:
We expect that the meeting included a discussion of possible easing options. This discussion would likely include four main topics: 1) the benefits of mortgage purchases; 2) the potential for more “twisting”; 3) the appropriate way to communicate any additional easing; and 4) the pros and cons of sterilized asset purchases.
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