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US economy grew 3,4% in third quarter as consumer spending and AI investment surged

Strong consumer spending and investment in artificial intelligence infrastructure drove US growth to an annual rate of 3,4% in July to September, while inflation rose to 3,6% in September ahead of the midterm elections.

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Strong consumer spending and investment in artificial intelligence infrastructure drove US growth to an annual rate of 3,4% in July to September, while inflation rose to 3,6% in September ahead of the midterm elections.

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