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

MarketWatch · Thu, 29 Oct 2026 11:11:00 GMT

OmniFin Portal's take

Excerpt from MarketWatch: “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.”

Rule-based headline sentiment: Bullish

Likely macro impact

🟢 Favorable for USD🔴 Unfavorable for Gold

Hotter-than-expected data raises the odds the Fed holds rates higher for longer, which tends to strengthen the Dollar and pressure non-yielding Gold.

Rule-based keyword read, not AI-generated.

Live rate right now

USD1 EUR = 1.114579 USD

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The Fed held off on a rate hike. Today&#x2019;s GDP and inflation reports could make waiting harder.

OmniFin Portal's take

Likely macro impact

Live rate right now

More Stocks headlines

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