The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April.The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March.Economists had expected industrial production to rise by 0.3 percent compared to the 0.5 percent decrease originally reported for ...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.