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MarketWatch

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

Thursday, October 29, 2026


The Federal Reserve did not raise interest rates at its most recent meeting. The Commerce Department released gross domestic product and inflation data at 8:30 a.m. Eastern time on the same day, with stronger-than-expected growth or persistent inflation potentially supporting arguments for a rate increase at the Fed's December meeting.

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