Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
Australia - NSW state records a near 20% jump in new cases of COVID-19 infections overnight
466 new cases. I don't know how much longer the Reserve Bank of Australia can remain optimistic about the economy with Australia's largest city and state seeing a spiralling wave of infections.
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