ISTANBUL, Oct. 3 (Xinhua) -- 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.
In a statement issued here, Geithner said global financial conditions have improved "dramatically."
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U.S. Treasury Secretary Timothy Geithner gestures as he sits for an interview at the Newseum in Washington, October 1, 2009. |
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
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