ECONOMICS COMMENTARY
Sep 16, 2013
US industrial production rebounds in August, led by manufacturing
US industrial production rebounded in August, fuelled by a reassuringly strong rise in manufacturing output. The encouraging picture of solid, albeit unspectacular, industrial growth adds to the probability of the Fed reining in some of its stimulus at the FOMC meeting this week, with a small cut in its monthly asset purchases still looking the most likely outcome.
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