31
August
Goldman’s Hatzius Says Fed Balance Sheet Could Hit $4 Trillion
31 August 2009 Bloomberg.com
Jan Hatzius, chief U.S. economist at Goldman Sachs Group Inc., said the Federal Reserve could double the size of the central bank’s balance sheet again if needed to support economic growth.
A rise in the balance sheet to $4 trillion is a “possibility,” Hatzius said in an interview on Bloomberg Radio in New York. “It is going to depend on not just what inflation does, but also on whether the economy does move back to a slower growth pace.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=awWsNf0zRkYY
