Tim Adams
Tim Adams
continuing deficit national particular path process raising shy
The U.S. has its part to play in this process by raising national saving, and in particular continuing on the path of deficit reduction. The administration does not and will never shy away from this point.
days endeavor few influence outcome reports therefore visit
They're working on it. We always endeavor to get our reports out on time. But the president's visit could influence the outcome of that report and therefore it may be a few days late.
capital flows free job open others promote sober trade treasury understand voice
It's our job at Treasury to be the sober voice of reason, to make others understand why protectionism is an inappropriate approach. Our job here is to promote free trade and capital flows and open markets.
chinese continue expect move period system
They are going through a period of self-education about how the system works. We expect the Chinese to continue to move in the right direction.
added data exchange information judgments properly provide rate reach routine
Properly presented, I think the routine publication of data would provide added information to reach fundamental judgments about exchange rate regimes.
believe central exchange health issues rate role stability strong
I believe a strong IMF role on exchange rate issues is central to the stability and health of the international economy.
beyond concerns enduring ideas immediate led policy proposed reflection today
The ideas I proposed today go beyond immediate U.S. policy concerns. They are a reflection of the enduring concerns that led to the establishment of the IMF itself.