US Q3 GDP Rebounds, PCE Inflation Stays High at 3.6%

US economic growth rebounded in Q3 while PCE inflation remained elevated at 3.6% year-over-year in September, complicating Fed policy. The data suggests a resilient economy but persistent price pressures, likely keeping the Fed on a cautious path. Market implications hinge on whether growth strength or inflation stickiness dominates Fed decision-making.

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