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US Q3 GDP reportedly grows 3.4%, beating expectations
US Q3 GDP reportedly topped a 3.0% forecast; one observer says that may lead markets to expect slower easing.
TLDR
PCE reportedly came in line with expectations, which one observer sees as no new inflation shock. But the observer says Q3 GDP growth of 3.4%, above the 3.0% expectation, may cause markets to price in slower interest-rate easing.
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