US economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. The economy expanded last quarter at the fastest pace in more than
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