Oh my goodness, can this still be #降息 ?

The U.S. economy unexpectedly strengthened in the third quarter, with an annualized growth rate of 4.3%.
Isn't this a bit too good? 😭😭
1、#GDP Exceeded expectations
Q3 GDP annualized growth rate of 4.3%, significantly higher than the expected 3.3%, and also higher than the previous value of 3.8%.
2. Consumption remains strong.
Personal consumption expenditure grew by 3.5%, far exceeding the expected 2.7%, with demand remaining strong.
3. Inflation is barely passing.
Core PCE 2.9%, basically in line with expectations
From July to September this year, the total output of all goods and services in the United States' Gross Domestic Product (GDP) further increased from 3.8% in the second quarter. The report was delayed due to the government shutdown.
Analysts surveyed by the data agency FactSet generally expect the economic growth rate for the quarter to be around 3%. However, the inflation level is still above the Federal Reserve's ideal target. The inflation indicator that the Federal Reserve is most concerned about, the Personal Consumption Expenditures Price Index (PCE), rose to an annualized increase of 2.8% last quarter, up from 2.1% in the second quarter.
Excluding the more volatile food and energy prices, the core PCE inflation rate is 2.9%, also higher than the 2.6% in the second quarter.
If the ongoing and potentially escalating inflationary pressures truly may reduce the likelihood of a rate cut for #美联储 in January #加密王先生 .