June 19, 2012
Fed Will Ease Monetary Policy This Week: Goldman’s Hatzius
The U.S. central bank will most likely ease monetary policy when it meets this week as recent data point to a worsening labor market and the crisis in Europe intensifies, Goldman Sachs said.
The Federal Reserve headquarters in Washington, DC.
The Federal Open Market Committee will likely say it would buy assets such as mortgage-backed securities and U.S. Treasurys when it meets for a two-day meeting starting Tuesday, Jan Hatzius, the investment bank’s Chief U.S. Economist said in a report on Monday.
“We would be quite surprised if we saw no easing this week,” Hatzius wrote in the report.
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