{
  "id": 17106493,
  "title": "US economy posts strong growth, inflation stubbornly high in challenge to Trump",
  "url": "https://urgent.news/2026/10/29/us-economy-posts-strong-growth-inflation-stubbornly-high-in-challenge-17106493",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T19:12:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20261030/us-economy-posts-strong-growth-inflation-stubbornly-high-in-challenge-to-trump"
  },
  "original_language": "en",
  "account": "The United States witnessed robust economic growth in the third quarter, according to the Commerce Department's latest report. Real Gross Domestic Product (GDP) expanded by an annualized rate of 3.4 percent, surpassing market projections. The drivers behind this growth included heightened investment, increased consumer spending, and elevated government spending, although these gains were somewhat tempered by a decline in exports, as reported by the Bureau of Economic Analysis (BEA).\n\nThe Federal Reserve's preferred metric for inflation, the Personal Consumption Expenditures (PCE) price index, also experienced a significant uptick, climbing by 3.6 percent year-over-year in September. This marked a notable rise from the previous month's figures.\n\nPresident Donald Trump's economic policies are a critical concern for voters as they head into the upcoming midterm elections on Tuesday. Democrats are aiming to capitalize on this economic narrative to potentially seize control of both chambers of Congress from Trump's Republican Party.",
  "summary": "WASHINGTON — The United States posted strong economic growth in the third quarter, but the Fed's preferred inflation gauge also accelerated, the Commerce Department said on Thursday, in a mixed economic bag for U.S. President Donald Trump ahead of key midterm polls next week. Real GDP increased at an annual rate of 3.4 percent in the third quarter, the department's Bureau of Economic Analysis…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "IOL",
        "title": "US economy grows faster than expected, but Trump still has an inflation problem",
        "url": "https://urgent.news/2026/10/29/us-economy-grows-faster-than-expected-but-trump-still-has-an",
        "published": "2026-10-29T14:20:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "US economy posts strong growth, inflation stubbornly high in challenge to Trump",
        "url": "https://urgent.news/2026/10/29/us-economy-posts-strong-growth-inflation-stubbornly-high-in-challenge",
        "published": "2026-10-29T16:24:29.000Z"
      },
      {
        "outlet": "Der Standard Wirtschaft",
        "title": "Die Inflation hat Trump an die Macht gebracht. Wird sie nun den Republikanern zum Verhängnis?",
        "url": "https://urgent.news/2026/10/29/die-inflation-hat-trump-an-die-macht-gebracht-wird-sie-nun-den",
        "published": "2026-10-29T17:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}