U.S. Q3 GDP annualized growth was 3.4%, exceeding market expectations of 3.2% and accelerating from Q2's 2.2%. Meanwhile, inflation data also showed signs of acceleration, with the Q3 core PCE price index rising to 2.5%, above the expected 2.4%. Additionally, personal consumption grew by 3.8% (expected 3.4%), and the GDP deflator was 2.3% (expected 3.2%). September's PCE inflation annual rate and core PCE annual rate both met expectations, at 3.6% and 3.1% respectively.