US economy grows at fastest pace in 2 years
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US economy grew more than expected in Third quarter
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US Q3 Gross Domestic Product (GDP) expected at 3.2% as markets weigh growth strength, labor weakness, and USD impact.
The US economy posted stronger-than-expected growth in the third quarter, but Commerce Secretary Howard Lutnick’s claim that it means Americans are “getting a 4.3% raise”
Treasuries edged lower after data showed the US economy expanded at the fastest pace in two years, denting expectations for interest-rate cuts in 2026.
13hon MSN
Spending helped drive 4.3% economic growth from July to September, delayed GDP report shows
Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming and everyone else.
U.S. GDP grew 4.3% in Q3, according to the Bureau of Economic Analysis. That far surpassed the consensus estimate among analysts, which was for a rise of 3.2% year-on-year. That’s pretty decent growth.
The AI boom has powered the US economy to its fastest growth in two years, with GDP expanding by 4.3pc in the third quarter.