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GDP Growth Came In Higher Than Forecast 3Q-22; PCE Price Index Increase Slowed

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Two bits of important economic news could be found in the Bureau of Economic Analysis’s advance estimate of growth of US gross domestic product for 3Q-22: Real GDP grew faster than most economists expected and the core personal consumption expenditure price index increased more slowly than in the 2Q-22. Real GDP rose 2.6% in this…

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