Moody's: US Build Back Better bill will support growth with limited inflationary pressure

Dhwani Mehta FXStreet

In its assessment of US President Joe Biden’s Build Back Better bill, Moody’s Investors Service remains optimistic over its impact.

Key takeaways

“US Build Back Better bill would support sustainable growth with limited impact on inflation.“

“$1.7 trillion spending package passed by the US house of representatives would bolster US economic growth, employment and productivity.”

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Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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