US GDP expected to grow at 3.2% in Q3
The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of the Gross Domestic Product (GDP) for the July-September period on Thursday, with analysts expecting the data to show annualised growth at a solid 3.2%, a decent improvement from the 2.2% expansion
The United States Bureau of Economic Analysis will release its preliminary estimate of the Gross Domestic Product for Q3 on Thursday, with expectations of a 3.2% annualized growth rate. This is an improvement from the 2.2% expansion observed in the previous quarter. The release will be closely watched by investors, particularly amid geopolitical concerns in the Middle East and the impact of tariffs.
The report will also include inflation data from the Personal Consumption Expenditures (PCE) report and the Fed Funds Target Range set by the Federal Reserve.
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