Economists and monetary policy wonks have been screaming about this for months — sometimes at each other. Now economists at investment giant Goldman Sachs are on board. In a proprietary analysis for clients, Goldman economists Jan Hatzius and Sven Jari Stehn say the Federal Reserve should announce publicly that it will pursue a bit of inflation, and make good on that goal with looser monetary policy — a new round of so-called “Quantitative Easing.”
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=105714