Q3 brought a surprise to the markets—U.S. real GDP expanded at an annualized quarterly rate of 4.3%, crushing the 3.3% consensus estimate and outpacing the prior quarter's 2.8% expansion. That's notable. On the inflation front, core PCE inflation held steady at 2.9% annualized, matching forecasts exactly. What does this mean for traders? Stronger-than-expected growth could keep the Fed in a holding pattern longer, while stable inflation readings suggest easing pressures. For crypto markets positioning around macro shifts, this data matters—it influences everything from Bitcoin's safe-haven flows to altcoin risk appetite.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
1
Repost
Share
Comment
0/400
RadioShackKnight
· 23h ago
4.3% GDP directly smashed expectations, the Fed might have to continue holding back
---
Wait, PCE stabilized at 2.9%? What does this mean, is Bitcoin going to bleed?
---
Strong growth + stable inflation, this combination is actually a bit subtle for crypto... risk assets need to reflect
---
GDP exceeded expectations by so much, the Fed's observation period might be longer than imagined, altcoin investors should be alarmed
---
4.3%? No way, now those altcoin people have to recalculate
---
Inflation stabilized while growth soared, it's contradictory... can the crypto market escape the macro curse this time?
Q3 brought a surprise to the markets—U.S. real GDP expanded at an annualized quarterly rate of 4.3%, crushing the 3.3% consensus estimate and outpacing the prior quarter's 2.8% expansion. That's notable. On the inflation front, core PCE inflation held steady at 2.9% annualized, matching forecasts exactly. What does this mean for traders? Stronger-than-expected growth could keep the Fed in a holding pattern longer, while stable inflation readings suggest easing pressures. For crypto markets positioning around macro shifts, this data matters—it influences everything from Bitcoin's safe-haven flows to altcoin risk appetite.