US Economy Grows Slower Than Expected in Q3 Amid Falling Inflation

Reported 27 days ago

The US economy experienced a growth of 2.8% in the third quarter, which was slightly below economists' expectations of 2.9% and lower than the 3% growth in the previous quarter. Despite this, economists noted the economy's overall performance remains solid, with declining inflation providing optimistic signals for the Federal Reserve's interest rate decisions moving forward. A key jobs report is anticipated next, with expectations of 110,000 new jobs added in October.

Source: YAHOO

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