Good Industrial Production Report

We finally got a good industrial production report. This data series has struggled lately but the numbers for August were good. Last month, industrial production rose by 0.6% versus expectations for an increase of 0.2%. The figures for July were revised higher as well.

The Fed begins its two-day meeting today. The policy statement will come out tomorrow at 2 pm.

Posted by on September 17th, 2019 at 10:03 am


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