US GDP Price Index QoQ Final (Q3) Q/Q 3.7% vs. Exp. 3.7% (Prev. 2.1%)

US GDP Price Index QoQ Final (Q3) Q/Q 3.7% vs. Exp. 3.7% (Prev. 2.1%)

The final reading for the US GDP Price Index shows a quarter-on-quarter increase of 3.7%, aligning with expectations and significantly higher than the previous 2.1%. This confirms persistent inflationary pressures, which may influence future monetary policy decisions and impact market sentiment, particularly in the context of the Fed's interest rate path and expectations around growth.