Geithner: Consensus is for growth later this year
By Associated Press
Aug 2, 2009 7:04 AM CDT

Treasury Secretary Timothy Geithner (GYT'-nur) says the economy is expected to grow later this year and unemployment could ease in the second half of 2010.

He's citing the general view of private economists for his forecasts.

Geithner said in an interview airing Sunday on ABC's "This Week" that the Obama administration is doing all it can to help the economy recover.

He says the recovery will rely on businesses investment and new hiring. And he says the administration will stick with its economic efforts until a strong private sector-led recovery is in place.