Employment report underscores urgency of Biden’s coronavirus relief plan – Jared Bernstein

The White House economic adviser, Jared Bernsteinsaid on Friday that The latest US employment report underscores the cost of inaction while underscoring the urgency of the coronavirus relief plan from US President Joe Biden, Reuters reported.

President Biden is working on a strong infrastructure bill that is expected to receive bipartisan support, Bernstein added.

Market reaction

The US Dollar Index remains on the defensive following these comments and was last seen shedding 0.37% daily at 91.20.

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