Third-quarter GDP beat forecasts at 3.4%, driven by AI-related business investment, but September PCE inflation hit 3.6% and real disposable income fell. Here is what the numbers mean for families, the Fed and Congress.
Third-quarter GDP beat forecasts at 3.4%, driven by AI-related business investment, but September PCE inflation hit 3.6% and real disposable income fell. Here is what the numbers mean for families, the Fed and Congress.