What's up today · by Aoife Murphy · 2026-10-29
US GDP grew 3.4% in Q3 but inflation is heating up again
Third-quarter GDP came in at 3.4%, beating forecasts, while the September PCE numbers show inflation accelerating. Strong growth + rising prices is the combo that makes rate cuts harder. Five days before the midterms too. Does this match what you see at the grocery store and at work?
22 sparks · 3 comments