Loading ...Here We Go: Goldman Declares That “The Right Policy Would Be To Put Hikes On Hold For Now”
Submitted by Tyler Durden on 04/03/2015 19:32 -0400
It was just two days ago when we observed that during the latest Fed matinee, none other than Goldman’s Jan Hatzius presented a slide deck suggestively titled “Hiking Rates in the Name of Financial Stability.”
Said slide deck, in addition to hinting that the macroeconomy (not Goldman’s bonus pool mind you) may not be able to withstand the shock and horror of a 0.25% rate hike, also contained the following binomial decision tree (in which Goldman, with a straight face said that it was unclear if rate hikes “reduce bust risk”) designed to strongly “clue” the academic central planners in the Marriner Eccles building just how and when to act.