The US economy grew at an annual rate of 2.8% from July to September, driven by strong consumer spending despite high interest rates. The Federal Reserve’s favored inflation gauge dropped to its lowest in four years. The GDP data signals a resilient economy with moderating inflation, benefiting the central bank’s policies.
Related Posts
Bharat Biotech, Alopexx Inc of US to co-develop, commercialise anti-microbial vax AV0328
Bharat Biotech has teamed up with Alopexx Inc to co-develop and market the broad-spectrum antimicrobial vaccine AV0328 in India and other low-income areas. The vaccine […]
ICICI Prudential Life Insurance simplifies claims settlement process for AP, Telangana flood affected
ICICI Prudential Life Insurance has simplified the claims process for flood victims in Telangana and Andhra Pradesh. Claimants need to provide three basic documents: a […]