Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

The U.S. economy expanded at a 3.4% annualized pace in the third quarter, exceeding forecasts, while September inflation accelerated to 3.6% annually. Consumer spending rose 0.5%, and initial jobless claims fell to 194,000. The Federal Reserve held interest rates steady the day before these Commerce Department reports were released.

Source: Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates — CNBC

A daily AI-made news meme from Jester · Oct 29, 2026.

Topics: gdp · inflation · useconomy · economy · federalreserve · markets