After a robust third quarter, US economic growth will likely slow. That bodes well for rate cuts next year.

Customers shop at a Target store on August 16, 2023 in Chicago, Illinois. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link.

Washington, DC CNN —

The Commerce Department is set to report third-quarter gross domestic product Thursday. It’s the broadest measure of economic output, and it’ll likely show that the US economy expanded at a staggeringly rapid pace from July through September, despite higher interest rates, depleted pandemic savings […]

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