AI Data Insight
In Q2 2026 (April), the month-over-month (MoM) growth rate of US industrial production rebounded sharply to 0.7% from the previous -0.5%, surpassing the market consensus estimate of 0.3%. Auto assembly and AI infrastructure drove a robust recovery in manufacturing, offsetting the impact of surging oil prices caused by geopolitics on nondurable goods. The strong data performance may prompt the Federal Reserve (Fed) to maintain its high-interest rate policy for longer, affecting the future trajectory of capital markets.