Fed easing will lead to global economic imbalances

Brazilian officials said the Fed easing will lead to global economic imbalances, and complaints in the G20 meeting, the Federal Reserve to boost the economy by issuing money in the plan. Business Development Department of the Foreign Trade Secretary Welber Barral said the Fed's move could lead to retaliatory measures. In addition, the Brazilian officials who declined to be named, said the United States the right to take measures to stimulate the national economy, while other countries will pursue their own interests, in the G20 summit in Seoul any agreement reached will meet both developed and emerging market countries interests.

Self won in nearly 6 months a new high after the sale of Bank of Korea on Thursday won a strong inhibition of its impact on the economy, but the approach or view of the G20 summit, the government did not announce specific measures to control capital inflows. Planning and the Ministry of Finance of the country on Thursday said it has conveyed the information to the market, will be "actively" consider imposing controls on capital flows; Thai Finance Minister Korn Chatikavanij said it has identified the central bank officials will hold talks with neighboring countries, Asian central banks will maintain close contact and, when necessary fight against currency speculation; Turkish Economy Minister Ali Babacan said the Fed's policy may be counterproductive.

Emerging market countries is not only worried about capital inflows pushing up their currencies, are more worried about capital inflows in emerging markets immediately following the continuous expansion of the investment bubble.

In addition to the developing countries, the part of developed countries also expressed dissatisfaction with this. German Economy Minister Bruce Bradley (Rainer Bruederle) said on Thursday that the United States to inject liquidity into the market approach to stimulate the economy concerned. Saying its impact on the U.S. dollar exchange rate through monetary policy, the criticism is well founded, for the rest of the world worried about the rise of trade protectionism.