Merkel: Nations must send signal for global growth

President Barack Obama and German Chancellor Angela Merkel say the United States and Germany must work together toward global economic growth.

Obama also says he is confident work toward economic recovery will benefit both nations.

The German government has been an outspoken critic of the recent move by the Federal Reserve to buy $600 billion in bonds. Foreign governments have said the move will weaken the dollar and imperil their financial systems.

Obama has defended U.S. economic policies. He argues that foreign economies would suffer if the United States were to slip back into recession.