A report released by the Federal Reserve on Thursday showed a significant rebound in U.S. industrial production in the month of October.
The Fed said industrial production jumped by 1.1 percent in October after falling by a revised 0.4 percent in September.
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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.