Daily Alert: US President Biden proposes US$2 trillion infrastructure spending plan

  • Last Thursday (NZT) US President Joe Biden unveiled yesterday the first of a two-part fiscal plan to raise US economic growth potential.
  • US Non-farm Payrolls data last Friday showed the U.S. economy added more new jobs than expected in March.
  • Meanwhile, we expect policy to remain on hold at the Reserve Bank of Australia’s announcement this afternoon.

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