Various embodiments of the present invention provide systems and methods for reduced latency feedback in a data processing system. For example, some embodiments provide a data processing system that includes a variable gain amplifier, a processing circuit, a data detector, and an error signal calculation circuit. The variable gain amplifier amplifies a data input signal and provides an amplified signal. The processing circuit generates a signal output corresponding to the amplified signal, and includes a conditional multiplication circuit. The conditional multiplication circuit conditionally multiplies the signal output by a gain correction signal and provides the result as an interim output. The data detector applies a data detection algorithm to the signal output and provides an ideal output. The error signal calculation circuit generates a gain correction signal based at least in part on the interim output and a derivative of the ideal output. The level of amplification by the variable gain amplifier is based at least in part on the gain correction signal.