The Headlines – US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

The US economy grew at an annual rate of 2.8% from July to September, driven by strong consumer spending despite high interest rates. The Federal Reserve’s favored inflation gauge dropped to its lowest in four years. The GDP data signals a resilient economy with moderating inflation, benefiting the central bank’s policies.

The Headlines – Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News – Read More