Goldman's Giant Call: No Fed Rate Hike Until 2012

Here it is in all its glory — Goldman is forecasting no Fed rate hikes until 2012. That means over two more years of ultra-low interest rates. It’s counter-consensus and well below what the market expects.

Do we hear a freight train coming?
[image url="" link="lightbox" caption="" source="" alt="Goldman" align="left" size="xlarge" nocrop="true" clear="true"]

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at