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Geithner says U.S. confidence improving

PARIS
Thu Jul 16, 2009 7:05am EDT

PARIS (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Thursday there was a "very encouraging" improvement in confidence in the financial system.

Barack Obama  |  France

After meeting with French Economy Minister Christine Lagarde in Paris, Geithner also told reporters that markets were functioning better, which he saw as a good sign for the economy. "I think generally what you're seeing in the United States is a very encouraging improvement in confidence in the overall stability of the financial system," Geithner told reporters.

Lagarde said the United States and France were cooperating well on boosting the global economy.

(Reporting by Glenn Somerville)
Barack Obama
France


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