WH Economic Adviser Deese: Goal of the infrastructure plan is investment that will foster job growth

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US President Joe Biden’s infrastructure plan focuses on investments that will drive job growth in the long term, White House Economic Adviser Brian Deese said in a Fox News interview on Sunday.

Additional quotes

March jobs numbers a welcome sign.

We have a long way to go, jobs down, millions of Americans are out of work.

US corporate tax system is broken.

Believe republicans would support about $615 billion in infrastructure spending.

Market implications

Upbeat US jobs report helped the dollar to stage a decent recovery on Friday. Starting a new week this Easter Monday, the US dollar index has eased a bit, as the sentiment remains lifted amid increased hopes of faster post-pandemic economic recovery.