United States President Joe Biden said on Friday that the US economy is moving in the right direction, but noted that it still has a long way to go. Reuters.
Featured statements
“The economic recovery plan is designed to take one year.”
“The April jobs report underscores the importance of the administration’s economic actions.”
“The Jobs report also shows that the economy is not in danger of overheating.”
“America is still coming out of an economic collapse.”
“It will take time for the US economy to move again.”
“Parts of the recovery plan are still being implemented.”
“State and local jobs are expected to start coming back this month.”
“More help is needed for the economy.”
“Enhanced unemployment benefits do not prevent workers from returning to the workforce in a measurable way.”
Market reaction
The US Dollar Index it remains deep in negative territory following these comments and was last seen shedding 0.65% to 90.30.
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