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.
German economy ministry says that sustained increase in inflation is not expected
Remarks by the German economy ministry
The global economy is going to take time to recover in a uniform manner and that likely will keep supply chain disruptions in play for an extended period of time.
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