US economy posts strong growth, inflation stubbornly high in challenge to Trump

Jamaica Observer ·
Economy Markets United States
Jamaica

WASHINGTON, United States (AFP) — The United States posted strong economic growth in the third quarter, but the Fed's preferred inflation gauge also accelerated, the Commerce Department said on Thursday, in a mixed economic bag for US President Donald Trump ahead of key midterm polls next week. Real GDP increased at an annual rate of 3.4 percent in the third quarter, the department's Bureau of…

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