Macro8:23 AM ETdeveloping · v2

Q3 GDP tops forecasts at 3.4% as core PCE inflation holds at 3.1%

By BORSA NewsroomPublished Oct 29, 2026, 8:23 AM EDTUpdated Oct 29, 2026, 8:23 AM EDT

Q3 GDP grew at a 3.4% annual rate, beating the 3.1% forecast, while core PCE inflation rose 0.3% in September, lifting the 12-month rate to 3.1% as expected. The data follows the Fed's decision to hold rates steady. S&P 500 futures fell 0.4% early Thursday.

Sentimentbearish 30

Bearish · 30 of 100

Impact70

medium · sector-wide

Confidence90%

high confidence · 2 wires

Eventdeveloping

v2 · alerted to followers

WHAT WE KNOW

Q3 GDP grew at a 3.4% annual rate, topping the 3.1% forecast.
Core PCE price index rose 0.3% in September, lifting the 12-month core PCE inflation rate to 3.1%, both as expected.