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StableEconomyMarketsPolicyReported 2026-10-31 01:56

US inflation accelerates in September, GDP grows 3.4% in Q3

September PCE inflation rose 3.6% year-on-year, up from 3.4% in August, while Q3 US GDP grew 3.4% year-on-year, reflecting strong economic activity but eroding household purchasing power as price growth outpaces wage gains.

Why it matters. Voters view inflation as the top economic issue ahead of the November 3 midterms; rising prices and interest rate concerns may influence control of Congress and Federal Reserve policy decisions.

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Who and what it touches

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Into United States

From United States

Each line is a relation with evidence behind it, drawn in the direction it points. A line shows that two things are connected, not how far this change reaches.

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Evidence

  • 法法广中文Media2026-10-31 01:56
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