【U.S. Third Quarter GDP Revised to 3.1%, Driven by Increased Consumer Spending and Exports】Golden Finance reports that the U.S. third quarter real GDP annualized quarterly rate final value recorded at 3.1%, while the previous forecast was 2.8%. The third quarter real personal consumption expenditures quarterly final value rose to 3.7%. This data reinforces the view that, despite market expectations that the U.S. economy will eventually slow down, it is still growing strongly. The Federal Reserve previously hinted that the pace of interest rate cuts in 2025 will slow down, triggering a stock market sell-off, which is partly based on recent stronger-than-expected economic data.(Golden Ten)