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The Fed held off on a rate hike. Today’s GDP and inflation reports could make waiting harder.

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Thursday, October 29, 2026 at 11:11 AM · 1 min read
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The Fed held off on a rate hike. Today’s GDP and inflation reports could make waiting harder. — Shanghai Business news

GDP and inflation figures arrive together at 8:30 a.m. Eastern time. Strong growth and persistent price pressures could strengthen the case for an interest-rate increase in December.

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China slams EU’s potential new trade safeguards, says they may violate WTO rulesUS economy beats forecasts to grow at 3.4% rate in third quarterChina’s BYD, Geely report profit jump as sales abroad surge, though local market stallsInflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.Economy grows at fastest pace in more than a year, GDP shows, and shows little sign of slowing.

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