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.
More from Kashkari: End of this year or early next year are reasonable timelines for taper
More from the Minneapolis Fed
Given today's retail sales data and last week's consumer confidence numbers, I think the hawks are going to have a hard time getting a Sept taper announcement.
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