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

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

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.