US will not fall into recession but will had slow growth.

US Treasury Secretary Henry Paulson said in the recent G7 meeting that US will not fall into Recession but will have a slow growth. The aim for the G7 meeting is to be more open in the sub prime figure bad debt write off and other important information as well. This will help each and other counties in coping with the credit crunch crisis in Finanical Market that may ensure the economy is moving and is not falling into recession. So this meeting is expected to keep the economy on track and crub inflation for this year.

For the coming future the Fed will be easy then before in performing his job as a lot of the thing is fall within his expectation.