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Business briefing · Friday, October 30, 2026 · Evening edition · Story 3 of 5
US economy grows faster than expected but inflation rises
The US economy grew at a 3.4% annualized rate in the third quarter, according to commerce department data. Inflation accelerated to 3.7% in September, as reported by multiple news sources.
Why it matters: These developments influence interest rates, which affect mortgages, car loans, and overall consumer spending.
Sources: The Guardian Business · BBC Business · CNBC
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