Goldman thinks QE3's arrival is a mere matter of time, given its belief that the FOMC's current...

|By:, SA News Editor

Goldman thinks QE3's arrival is a mere matter of time, given its belief that the FOMC's current GDP forecasts are too optimistic. It believes the Fed's QE3 asset purchases will be comparable in scope to its QE2 purchases, and expects them to be focused on long-term Treasurys (perhaps representing a form of "Operation Twist").