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.
Fed's Rosengren is in the autumn taper camp. He is a voting member in 2021
Heads up. Boston Fed president Rosengren ( voting member in 2021) will be interviewed on CNBC shortly.
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