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Biden accepts lower limits, paving the way for Senate approval

According to the latest information, the President of the United States. Joe Biden accepted a pledge whereby Americans will receive stimulus checks of $ 1,400. A deal with moderate Democrats in the Senate paves the way for approval in the upper house.

According to Politico and other media, the federal supplement to unemployment benefits will remain at $ 400 a week, the same level that the House voted. The ruling party was previously forced to abandon its intention to raise the minimum wage to $ 15 within the current covid aid package. The self-imposed deadline to approve the package is March 14.

US ten-year yields have continued to climb toward 1.50%, weighing on stocks and boosting the dollar. Gold is lagging behind, falling towards $ 1,700.

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