''Goldman's Jan Hatzius stands by his call...
We expect the Federal Open Market Committee (FOMC) to ease monetary policy at next week’s
scheduled meeting. Our baseline is a new asset purchase program that involves an expansion of
the balance sheet, but an extension of Operation Twist and/or a further lengthening of the short-
term interest rate guidance in the FOMC statement beyond the current “late 2014” formulation are also possible.''
scheduled meeting. Our baseline is a new asset purchase program that involves an expansion of
the balance sheet, but an extension of Operation Twist and/or a further lengthening of the short-
term interest rate guidance in the FOMC statement beyond the current “late 2014” formulation are also possible.''
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