A report released by the Federal Reserve on Wednesday showed industrial production in the U.S. increased by slightly less than expected in the month of August.
The report said industrial production rose by 0.4 percent in August after climbing by a downwardly revised 0.8 percent in July.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.