Financial ministers of 7 industrial countries expects US to take a lead in globa

Financial ministers of seven industrial countries held a meeting in Rome last weekend. After the meeting they said as US had carried out rate cut for six times and launched a duty-cut plan for US$1350bln, US economy is expected to take a lead in the recovery of global economy. US treasury secretary Paul O'Neill predicated that US will record 2% and 3% growth in Q4 this year and in Q1 next year respectively.

Related stock : (NIL)