🚨 UPDATE: 🇺🇸 U.S. Q3 GDP and September PCE inflation data are due October 29 at 8:30 AM ET. Markets expect annualized GDP growth of 3.2%, with core PCE rising 0.3% monthly and 3.1% annually. With the Fed holding rates at 3.75%–4.00% and two officials favoring hikes, the data could shape expectations for December’s rate decision.
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