K-SignalAI-generated
US Q3 GDP grows 3.4%, inflation stays high
The U.S. economy grew at its fastest pace in a year in the third quarter, with GDP rising 3.4%, beating market expectations, according to Yonhap and the Korea Times. Robust consumer spending and AI-related investment powered the growth, even as higher oil prices from the Middle East conflict weighed, the Korea Times reports. At the same time, the Fed's preferred inflation gauge accelerated, and the Federal Reserve kept its key rate unchanged at about 3.9%, with Fed Chair Warsh saying inflation is 'too high', Yonhap reports. Korean media highlight the mixed picture: strong growth alongside stubbornly high inflation, which challenges the U.S. administration.
- US economy posts strong growth, inflation stubbornly high in challenge to Trump
- Robust consumer spending, AI-related investment power US economy in third quarter
- 미 3분기 GDP 3.4% 증가…시장 예상 웃돌아
- US Fed keeps rates unchanged despite elevated inflation, gives little signal of next move
- (3rd LD) Fed holds key interest rate steady; Warsh says inflation 'too high'
