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Goldman Sachs To Federal Reserve: Boost The Economy Already

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Newscom

This is precisely the sort of action senior Republicans in Congress have been warning chairman Ben Bernanke against taking, and it's a matter of controversy among members of the Fed's Open Market Committee, where these decisions are made. But a growing number of Fed board members and outside experts are speaking out in favor of an option like this -- arguing essentially that the Fed should, for now, focus on the full employment side of their dual mandate to grow the economy and keep inflation low. Having Goldman Sachs on their side can't hurt.

Read the whole analysis below.

Goldman Sachs Recommends Fed Boost the Economy

About The Author

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Brian Beutler is TPM's senior congressional reporter. Since 2009, he's led coverage of health care reform, Wall Street reform, taxes, the GOP budget, the government shutdown fight and the debt limit fight. He can be reached at brian@talkingpointsmemo.com