Lloyd Blankfein, Chairman and CEUR/USD orders of Goldman Sachs comments (interview on CNBC):
- Says the Federal Reserve has handled monetary policy right – better to keep rates lower for longer
- Better to play it safe to avoid deflation
- We don’t have enough inflation
- Markets now facing “avalanche” of volatility; wouldn’t get hyperbolic about last couple of days
- Confidence picked up in September
- Extreme market views are wrong
- Growth will be somewhere in the middle
