US Q3 GDP Surges 3.4%, Beating Forecasts on AI Investment and Consumption
Published 19 h ago2 sourcesEvidence: Reported
US Q3 GDP grew 3.4%, the fastest pace this year, driven by strong consumption and AI investment. Inflation accelerated to 3.6%, raising the likelihood of a Fed rate hike. The data presents a stagflationary tilt, with growth robust but price pressures intensifying, complicating Fed policy.
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Published 19 h ago2 sourcesEvidence: Reported
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