Recovery signs "stronger" than expected: Geithner
Published: 04/10/2009 05:00
| U.S. Treasury Secretary Timothy Geithner said on Saturday that economic recovery signs are “stronger” and have appeared “sooner” than expected, while reiterating it’s too soon to retreat from stimulus programs.
The U.S. housing market has stabilized, while jobless rate there is still “unacceptably high” and the financial system remains damaged, as a result, it’s not the time for governments to roll back stimulus, said the statement. VietNamNet/Xinhuanet |
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