Goldman Sachs Defends Bernanke's Plan to Buy Assets
Posted on November 08, 2010 at 07:58 AM EST
Goldman Sachs ( GS ) economists defended Federal Reserve Chairman Ben Bernanke's decision to pump billions of dollars into the economy, saying the move will boost economic growth. The Fed's plan to buy $600 billion of assets will improve growth and reduce the risk of deflation, economist Jan Hatzius wrote in an e-mail to clients, Bloomberg News said. The governments of China, Germany and Brazil have... Continue reading Goldman Sachs Defends Bernanke's Plan to Buy Assets Goldman Sachs Defends Bernanke's Plan to Buy Assets originally appeared on DailyFinance on Mon, 08 Nov 2010 07:58:00. Filed Under: Company News , Economy , People , Investing , Goldman Sachs , Credit , Currency Permalink | Tweet this! | Comments