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.
US President Biden says he is not worried about the debt ceiling. Republicans will not allow the US to default.
It'd be great if we could take this at face value and stop sweating about the debt ceiling 'negotiations'.
Its the same farce every year and, so far, no default. K?
Leave a comment