Nomura: No Further US Easing is Necessary
November 11, 2010 at 13:26 PM EST
The Fed’s announcement it would buy another $600B in US govt bonds to boost the economy will help the dollar stabilize, and no further easing is necessary; but the move might exacerbate tensions at the meeting of G20 ministers which started in South Korea on Thursday, said analysts at Japan-based investment bank Nomura Holdings. – [...]