Business

Fed's Decision on Rate Hike Amid Economic Reports

Updated 2026-10-29 11:20 UTC 1 source Neutral

The Federal Reserve has decided to hold off on a rate hike, but upcoming GDP and inflation reports could change this stance. Strong growth and persistent price pressures are expected to influence the decision in December.

Coverage timeline — 2 articles

MarketWatch

Lilly raises outlook for third time this year as Zepbound sales soar.

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2026-10-29 11:03 UTC

MarketWatch

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

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.

2026-10-29 11:11 UTC