The initial value of the US GDP for the third quarter exceeded expectations, and the core PCE met expectations.

PANews news on December 23 reported that according to Jin10 data, the annualized quarterly real GDP for the third quarter in the United States recorded 4.3%, far exceeding the expected 3.3% and the previous value of 3.8%. The initial value of the core PCE price index for the annualized quarterly rate was 2.9%, in line with market expectations and higher than the previous value of 2.6%. In addition, the initial value of the annualized quarterly personal consumption expenditures was 3.5%, significantly higher than the expected 2.7% and the previous value of 2.5%.