Recovery in the United States and other leading economies should herald a return to growth by the end of this year or early in 2010, Tim Geithner, the US Treasury Secretary said today.
In an upbeat message after talks with Alistair Darling in London, on the first leg of an international tour to Europe and the Middle East, Mr Geithner conceded that significant threats to the global outlook were still persisting.
But the Treasury Secretary said the foundations for an upturn in the US and elsewhere had been laid.
“I think the policies have been very effective in arresting, in mitigating the force of the storm and we’re starting to see a better basis for recovery starting to be made in the US.
US economy 'may return to growth this year' - Times Online
