邦达亚洲:降息预期持续升温 美元指数失守98.00关口

Economic Growth - The U.S. economy expanded at its fastest pace in two years during the third quarter, with a real GDP annualized growth rate of 4.3%, significantly exceeding the expected 3.3% and the previous value of 3.8% [1][7] - Real personal consumption expenditures for the third quarter recorded an annualized growth rate of 3.5%, higher than the expected 2.7% and the previous 2.5% [1][7] - The core PCE price index for the third quarter had an annualized growth rate of 2.9%, matching expectations and up from the previous 2.6% [1][7] Economic Outlook - Economists warn that the growth momentum is unlikely to be sustained, with expectations of weak or stagnant economic growth in the fourth quarter due to the impact of a 43-day government shutdown that began on October 1 [1][7] - Kevin Hassett, Director of the White House National Economic Council, noted that despite the strong growth in the third quarter, the pace of interest rate cuts by the Federal Reserve is lagging behind other countries [2][8] Trade and Inflation - Hassett indicated that approximately 1.5 percentage points of GDP growth can be attributed to tariff policies implemented by the Trump administration, which have reduced the U.S. trade deficit [2][8] - The development of artificial intelligence technology is contributing to economic growth while also exerting downward pressure on inflation [2][8]