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Tag Archives: U.S. Treasury Secretary

Geithner's goal: 'rebalanced' world economy

WASHINGTON — Treasury Secretary Timothy Geithner said he would use weekend meetings of G-20 finance ministers to advance efforts to “rebalance” the world economy so it is less reliant on U.S. consumers, to move toward establishing “norms” on exchange-rate policy, and to persuade others the U.S. doesn’t aim to devalue its way to prosperity, reports the Wall Street Journal. In ...

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