US GDP Growth and Price Index Due; Oil Retreat Eases Inflation
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US GDP and inflation data due; Fed rate path hinges on PCE
US advance GDP, GDP price index, and core PCE inflation arrive at 08:30 ET today. Strong growth and sticky inflation could strengthen December rate-hike case. USD sensitivity high; PCE is the Fed's preferred inflation gauge and drives near-term policy expectations. Follows softer ADP employment yesterday.
https://www.marketwatch.com/story/the-fed-held-off-on-a-rate-hike-todays-gdp-and-inflation-reports-could-make-waiting-harder-693338e6?mod=mw_rss_topstoriesUS GDP Price Index Falls to 2.3% from 3.5%
US GDP price index dropped to 2.3% from 3.5% previously, well below the 3.2% forecast. This marks a sharp deceleration in domestic inflation pressure. USD may weaken on softer price growth, though the Fed's PCE focus means the next Employment Cost Index release on 30 Oct will be the decisive inflation signal for policy path.
https://x.com/financialjuice/status/2115783512292839696US GDP Accelerates from 2.2% to 3.4% in Third Quarter
US economic growth jumped to 3.4% quarter-on-quarter, beating the 3.2% forecast and nearly doubling the prior 2.2% pace. Stronger demand supports the USD and raises questions about Fed rate-cut timing; traders now watch the Employment Cost Index due 30 October for inflation signals that will guide monetary policy.
https://x.com/financialjuice/status/2115783440863834231US GDP Accelerates to 3.4% in Third Quarter
US third-quarter GDP rose to 3.4%, beating expectations. September PCE inflation accelerated to 3.7% annually, reinforcing Fed focus on price pressures. Stronger growth and sticky inflation complicate rate-cut timing; USD supported, EUR under pressure from divergent policy outlook.
https://www.cnbc.com/2026/10/29/pce-inflation-report-september-2026-.htmlUS Q3 GDP Accelerates to 3.4%, Consumer Spending Outpaces Inflation
US Q3 GDP rose 3.4% annualized from 2.2% in Q2, beating forecasts. Personal consumption jumped 3.8%, while core PCE eased to 2.5%. Labor market softened: jobless claims fell to 194K but real spending stalled at 0.0%. PCE inflation tracking above Fed comfort zone feeds next week's Employment Cost Index—wage data now critical to Fed rate path.
https://x.com/DeItaone/status/2115784383755870411New to MyTradingLand?
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