The initial steps by China to increase its exchange rate flexibility played an important part in this decision,
More Quotes from John Snow:
no change in the strong-dollar policy.John Snow
the American economy remains in good posture and on a good path.
John Snow
It offers the opportunity for far-reaching structural reforms, ... We trust and hope that the measure will be successful.
John Snow
This budget also is committed to fiscal discipline. It holds government spending below the level of inflation. In the non-security, non-homeland security area it reduces actual spending. And it's consistent with the president's commitment to cut the deficit in half by the time he leaves office.
John Snow
At a time like this, the tax treatment of fuel is far less important than getting fuel to those who need it,
John Snow
From the point of view of the economy, we are in a good spot, ... It is a broad-based recovery, touching all parts of the country, every region, touching virtually every sector.
John Snow
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