Recent

% | $
Quotes you view appear here for quick access.

The Goldman Sachs Group, Inc. Message Board

  • madmoneycramer madmoneycramer May 17, 2013 4:55 AM Flag

    John Williams, the San Francisco Fed president, indicated the $85 billion per month of bond purchases can be reduced soon, and that the whole program may be halted this year.

     

    John Williams, the San Francisco Fed president, indicated the $85 billion per month of bond purchases can be reduced soon, and that the whole program may be halted this year.

    He pointed out the pace of job growth has picked up since the program was launched in September, with an average pace of job growth of 200,000 over the last six months.

    “Assuming my economic forecast holds true and various labor-market indicators continue to register appreciable improvement in coming months, we could reduce somewhat the pace of our securities purchases, perhaps as early as this summer. Then, if all goes as hoped, we could end the purchase program sometime late this year,” said Williams in a speech in Portland, Ore.

    Sentiment: Strong Sell

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
GS
184.51+0.71(+0.38%)Sep 2 4:00 PMEDT