The Fed may purchase up to $2T of assets to stimulate the economy, says Goldman Sachs economist...

|By:, SA News Editor

The Fed may purchase up to $2T of assets to stimulate the economy, says Goldman Sachs economist Jan Hatzius, and could announce QE2 on Nov. 3. Hatzius expects "an announcement of $500B or perhaps slightly more over a period of about six months. The key question, however, is not the size of the first step, but how far Fed officials will ultimately need to move to achieve their dual mandate of low inflation and maximum sustainable employment."