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via marketwatch.comEconomy

The U.S. economy is barreling ahead, but stubborn inflation is a big problem

FROM THE WIRE · MARKETWATCH.COM

The largest part of the U.S. economy grew at a rapid pace just ahead of the holiday shopping season, but business leaders were not in a festive mood due to stubborn inflation.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralStrong growth and sticky inflation make the Fed's next moves uncertain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The largest part of the U.S. economy grew at a rapid pace.
  2. 02The growth came just ahead of the holiday shopping season.
  3. 03Business leaders are worried about stubborn inflation.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.