US Core PCE price index for Q3 final reading aligns with expectations at 2.9%

The final reading of the US third-quarter core PCE price index was 2.9% annualized, in line with expectations.

The annualized growth rate for Q3 US real GDP is revised to 4.4%, just above the expected rate of 4.30%.

Unemployment claims fell unexpectedly to 200,000, lower than the anticipated 210,000, indicating a stronger labor market.