US Treasury chief: Don't pull rescue cash too soon

Treasury secretary Timothy Geithner said the recovery of the US economy could be derailed if the government’s support systems were removed too quickly.

US Treasury chief: Don't pull rescue cash too soon

Treasury secretary Timothy Geithner said the recovery of the US economy could be derailed if the government’s support systems were removed too quickly.

“A classic pattern in past financial crises is governments tend to put on the brakes too soon, withdraw support too early, and that’s been a very costly mistake and we’re going to be very careful to avoid that mistake,” Mr Geithner said at a conference sponsored by The Economist magazine in New York.

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