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Goldman Sachs' (GS) Jan Hatzius sees QE2 boosting U.S. GDP by 0.5% and doubts it will create a...

  • Wednesday, November 3, 2010, 3:48 PM ET
    Goldman Sachs' (GS) Jan Hatzius sees QE2 boosting U.S. GDP by 0.5% and doubts it will create a long-term inflation problem - instead, inflation will remain below the Fed's 2% target for some time. Until housing improves, GDP growth will be stuck at 1.5%-2%, he says, and won't hit 3% until employment picks up, perhaps in 2012.
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This news story has 7 comments:

  •  
    GS doesn't shop at the same grocery store or have the same health insurance I do I guess.
    3 Nov 2010, 03:54 PM Reply Like
  •  
    wrong, inflationary pressures will be artifically boosted via continued dollar crushing (see:POMO). Only a Euro crash (a real possibility looking at european bond spreads) can reverse this and create a dollar "safe haven" run.
    3 Nov 2010, 03:55 PM Reply Like
  •  
    exactly.
    3 Nov 2010, 03:58 PM Reply Like
  •  
    Thought real inflation was 8%...
    3 Nov 2010, 04:05 PM Reply Like
  •  
    you mean the one with fud, fuel and housing in it? the stuff all real people have to buy?
    3 Nov 2010, 04:31 PM Reply Like
  •  
    Someone send this to that GS shill.

    www.caseyresearch.com/...
    3 Nov 2010, 04:09 PM Reply Like
  •  
    carry your own mail, dude. who do you think you are, Blankfein? "Yo, Fabulous Fabrice, make a couple hundred copies of this Fab"
    3 Nov 2010, 04:32 PM Reply Like
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