US President Barack Obama has said he sees "glimmers of hope" in the economy, but warned that the system remained under "severe strain".
Speaking after a meeting with his top economic advisers, he said there was still "a lot of work to do".
Mr Obama promised more action on the economy in the coming weeks.
He said he and his team had discussed the stability of the financial system, the housing market and plans to help banks clear their books of bad assets.
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