Expect financial markets to face headwinds today after the Federal Reserve reported Friday that U.S. industrial production fell more than expected in March. This is the latest sign that economic growth slowed significantly in the first quarter. On the plus side, though, many economists still forecast a rebound in growth as the year plods ahead. Don't complain -- you got three extra days this year. The normal deadline, April 15, was a holiday -- Emancipation Day -- in the District of Columbia (Emancipation Day is actually April 16, but because that fell on a Saturday, the holiday was observed Friday).
Apr-18-2016, 08:57:00 GMT