Jan Hatzius News
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Christine Lagarde wants her staff at the International Monetary Fund to examine what might happen to the global economy when central banks begin to raise interest rates. She’s wasting their time.
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Wall Street’s biggest bond dealers see little chance the Federal Reserve will slow the pace of debt purchases designed to boost economic growth before the fourth quarter, even as policy makers face calls to curb the buying.
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The yield difference between Treasury 10-year and 30-year debt has narrowed to almost the least since November after a smaller-than-forecast job gain in March indicated the Federal Reserve will keep purchasing debt to spur the economy.
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Turmoil in Europe over plans to resolve Cyprus’s financial crisis is not having a major impact on the U.S. economy, said Jan Hatzius, chief economist at Goldman Sachs Group Inc.
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A new round of monetary easing by the Federal Reserve would probably provide a mild boost to the economy, said Jan Hatzius , chief economist at Goldman Sachs Group Inc. in New York.
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At Philadelphia Works Inc., a non- profit that connects employers to prospective employees, Meg Shope Koppel is seeing more Americans seeking help.
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The unemployment rate in the U.S. will probably fail to drop below 9 percent in 2011, said Jan Hatzius , chief U.S. economist at Goldman Sachs Group Inc., and Ethan Harris , head of developed-markets economic research at Bank of America Merrill Lynch.
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What books have high-profile readers been enjoying this year?
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The Federal Reserve will probably ease monetary policy further as the U.S. economy weakens, said Jan Hatzius , chief U.S. economist at Goldman Sachs Group Inc. in New York.
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Senate Republican leader Mitch McConnell says it’s time for the president to “get serious about spending.” The budget numbers suggest Barack Obama already has, with beneficial effects on the deficit.
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