Goldman Sachs: 2013 will not raise interest rates before the Fed

Goldman Sachs chief U.S. economist said the Fed may not raise interest rates 2013, 2011, may not take any additional economic stimulus measures, given the slowdown in employment growth, inflation concerns not necessary.

Compass News Online January 4 - Goldman Sachs (Goldman Sachs), the chief U.S. economist Hatzius (Jan Hatzius) Monday (3) that the Federal Reserve (FED) 2011 years may not impose any more on economic stimulus measures, but in 2013 will likely not raise interest rates.

Hatzius said, "Given the increased optimism about economic growth, we have reduced the QE2 is expected, we believe that the scale of the project will not exceed the previously announced 600 billion U.S. dollars, do not think the Fed will also buy more government bonds increased."

He added, "to interest rates, we still believe that interest rates essentially to zero level by 2011, but also is likely to remain so in 2012."

He explained that inflation concerns are unnecessary, especially given the slow growth of employment.

He said, "I think that, broadly speaking, the unemployment rate reached 9.8% in the occasion, we will be hard to believe that higher inflation."