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Breaking Posted 1 hour ago

US Third-Quarter Growth Likely Accelerated on Strong Consumer Spending

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Reuters reports US Q3 economic growth probably accelerated, driven by resilient consumer spending and AI-driven business investment offsetting higher oil prices from Middle East conflict. Advance GDP data releases today at 08:30 ET will confirm the figure; traders watch whether demand remains strong enough to support prices ahead of the critical PCE inflation print, the Fed's preferred inflation gauge.
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