Goldman Sachs Defends Bernanke’s Plan to Buy Assets

Goldman Sachs (GS) economists defended Federal Reserve Chairman Ben Bernanke’s decision to pump billions of dollars into the economy, saying the move will boost economic growth.

The Fed’s plan to buy $600 billion of assets will improve growth and red…

China, Germany Criticize U.S. Quantitative Easing

China and Germany, the world’s second-largest and fourth-largest economies respectively, expressed concern about Federal Reserve plans to pump $600 billion into the U.S. economy.

The Fed announced plans to buy $600 billion of assets earlier this week…