US economy posts strong growth, inflation stubbornly high in challenge to Trump
The US economy grew at a 3.4 percent annual rate in the third quarter, while inflation accelerated to 3.6 percent in September. The Commerce Department released the data on Thursday, presenting a mixed economic picture for President Trump ahead of midterm elections. The report highlighted strong investment and consumer spending, though energy prices rose significantly due to geopolitical tensions and tariff policies.
Source: US economy posts strong growth, inflation stubbornly high in challenge to Trump — Channel News Asia
A daily AI-made news meme from Jester · Oct 29, 2026.
Topics: useconomy · gdp · inflation · trump · federalreserve · markets
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