Latest / Markets with Megan: A Quick Financial Markets Update
The Fed's 3.1% Inflation Problem Just Got Worse | S3 E 176 | 10-29-26
The U.S. economy grew 3.4% in the third quarter, but beneath the strong headline number, inflation is accelerating and consumers are drawing down their savings. Is the Federal Reserve falling behind?
In this episode of Markets with Megan, Verdence Capital Advisors CIO Megan Horneman breaks down the latest GDP and inflation reports, including:
- 3.4% GDP growth: What's driving the economy's continued expansion?
- 3.1% core PCE inflation: Why the Fed's preferred inflation gauge is moving further from its 2% target.
- 3.8% personal savings rate: What declining household savings could mean for…
The skinny
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