U.S. Treasury Secretary Timothy Geithner on Economy at World Economic Forum
As the economy takes center stage in the U.S. Presidential campaign, U.S. Treasury Secretary Timothy F. Geithnerdelivered an upbeat growth outlook at the World Economic Forum, but warned that America’s recovery could still be derailed by geopolitical and financial troubles abroad.
The U.S. is likely to grow at 2 to 3% this year, Mr. Geithner told a large audience at the World Economic Forum, unless Europe fails to keep a lid on its chronic sovereign debt crisis or a rise in tensions between Iran and the international community stoke global oil prices.
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