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US GDP rises 3.1% in Q3

US GDP rises 3.1% in Q3

News
Jamie Coleman
20/12/2012 | 13:30 GMT
  • Claims rise 17k to 361,000
  • PCE price index (Fed’s favorite inflation measure) 1.6%; core 1.1%

Growth ticked up in Q3 but will slow in Q4. Inflation remains quiescent, so the Fed will stay aggressive.

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