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.Economists had expected industrial production to increase by 0.5 percent compared to the 0.9 percent advance origi...
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Business News
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.