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.
Economists see ECB laying out plans to wind down PEPP programs in Q4
What's the timeline for cutting pandemic emergency programs?
The ECB is likely to announce plans to reduce pandemic PEPP bond purchases in Q4 according to a Reuters poll of economists. Most also see the program to be wrapped up by the end of Q1.
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