US economic growth surges in 3rd quarter, highest rate in two years

US GDP grew 4.3 percent in Q3, surpassing expectations and marking the highest rate in two years, driven by consumer spending, exports, and government spending. Inflation accelerated to 3.4 percent, well above the Fed's 2 percent target, raising questions about future interest rate cuts. Despite strong growth, job creation remains weak, and ongoing policy uncertainty may dampen future investment and spending.