Economy

The White House’s Deiss says a strong dollar reflects the strength of the US economy

The White House’s Deiss says a strong dollar reflects the strength of the US economy

WASHINGTON (Reuters) – White House economic adviser Brian Dees told reporters on Tuesday that the strength of the U.S. dollar reflects the relative strength of the U.S. economy now more than ever.

“In a highly uncertain global environment…what we’re seeing reinforces the unique position of strength in which the United States economy is, despite all the complexities of our recovery,” Dess told reporters after an event hosted by the Economic Club. from Washington, DC.

Asked if he was concerned about spillovers from weaker economies elsewhere in the United States, Dess referred to Europe, Britain and China, and said the Biden administration was paying “high attention” to pockets of “special weakness” in global growth. a path.

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