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Goldman says not so fast while BlackRock sees earlier Fed rate hike

Split highlights Yellen's dilemma over when to raise borrowing costs
Tuesday, October 7, 2014 - 05:50

[NEW YORK] Goldman Sachs Group said investors should not rush to anticipate a rate increase from the Federal Reserve after job gains beat economist forecasts. BlackRock Inc, however, said that it'll happen sooner than expected."Not so fast," Jan Hatzius, the chief economist at Goldman Sachs in