Steal
7th August 2010, 05:22 AM
Policy makers bought $1.7 trillion of mortgage and government debt from March 2009 through March of this year to keep borrowing costs low while the economy recovered from the worst recession since the 1930s. Should the central bank decide to resume purchasing fixed-income securities it would buy “at least $1 trillion,†they said.
Goldman lowered its forecast for economic growth in 2011 to 1.9 percent from 2.4 percent and said that the unemployment rate will return to 10 percent by early next year and remain at that level for the balance of the year.
oh,we didnt see this coming (http://www.bloomberg.com/news/2010-08-06/fed-may-return-to-unconventional-easing-as-recovery-slows-goldman-says.html)
Goldman lowered its forecast for economic growth in 2011 to 1.9 percent from 2.4 percent and said that the unemployment rate will return to 10 percent by early next year and remain at that level for the balance of the year.
oh,we didnt see this coming (http://www.bloomberg.com/news/2010-08-06/fed-may-return-to-unconventional-easing-as-recovery-slows-goldman-says.html)