Yesterday, Donald Trump unveiled his infrastructure plan which is a $1 .5 trillion proposal that, if successful, will fulfil several campaign goals. However, the plan uses just $200 billion of federal money, with the rest coming from state and local governments.
The plan aims at repairing and replacing roads, highways, ports and airports which Trump believes is essential in helping the US economy reaching its full potential.
It is another quiet day for economic data in the US, but tomorrow we will see the inflation rate and retail sales. The former is expected to drop from 1.8% to 1.7%, while the latter is expected to increase from 0.4% to 0.5%.