The U.S. economy expanded at an annualized rate of 4.3% in the third quarter, significantly exceeding the anticipated 3.3% and the previous quarter's 3.8%. The core Personal Consumption Expenditures (PCE) price index rose at an annualized rate of 2.9%, aligning with market expectations and surpassing the prior 2.6%. Additionally, real personal consumption expenditures increased by 3.5%, well above the forecasted 2.7% and the previous 2.5%.