Goldman Predicts Further Easing Of US Monetary Policy

2011/8/30 17:44:00 38

Goldman Sachs released the latest research report, though

Federal Reserve

President Bernanke did not give any guidance on monetary policy prospects in August 26th, but the lengthening of the September Conference on interest rates means that the conference is more likely to introduce loose policies than before.

The report predicts that the Federal Reserve will implement further through its balance sheet.

Easy

Further easing will take place before the beginning of 2012, possibly by expanding the scale of the balance sheet or restructuring the average maturity of US Treasury bonds.

Goldman Sachs believes that Bernanke is optimistic about the long-term prospects of the US economy. He mentioned that "the financial crisis has not hurt the long-term prospects of the US economy. As long as the US has taken the necessary measures to ensure the results", Bernanke also stressed that the United States must solve the problem of fiscal stability.

Goldman Sachs reported that Bernanke's speech avoided any more assets.

purchase

The plan also did not talk about loose policy matters, which increased the uncertainty of policy arrival time in the short term.

However, Bernanke's speech also contained brief information about the prospects for the next round of monetary stimulus, and he repeatedly stressed that the Federal Open Market Committee (FOMC) had a series of options.

He also said that the September session would be extended to two days in order to more comprehensively discuss loose policy and related issues in the economic and financial development process. As far as experience is concerned, the conference extended to two days and increased the possibility of easing policy.