http://findarticles.com/p/news-arti...hatzius-economist-goldman-sachs/ai_n57434281/ HATZIUS: And I don't think that much is going to happen in June. They're going to end QE2. They've said that. But beyond that, I think they're still going to tread very, very cautiously in terms of moving towards the exits (ph). It's going to take a very long time in our view. BOLTON: We know that you have changed actually your growth forecast for the U.S. economy, right? You pared (ph) them a little bit a few months ago. Where do you see things now? How do you see growth if we just had to target the end of this year? HATZIUS: So the first quarter came in clearly weaker than we thought and this is as far as the VEP (ph) numbers were concerned. I don't think the GDP numbers were necessarily a great gauge of what was going on. If you also look at the service and the labor market data in the first quarter, those were quite a bit firmer. Going forward, I think the second quarter is going to be stronger than the first. Our current forecast is four percent, that the rest of that is probably a little on the downside. And I think the rest of the year is going to be moderate growth, somewhat above trend, but not a runaway recovery, but you know, a gradual improvement with some modest decline in the unemployment rate. But I think we're still going to have high unemployment, low inflation and easy monetary policy.