US: Q4 GDP Weaker Than Expected, But Underlying Fundamentals Remain Solid

The U.S. economy expanded by 1.4% quarter-on-quarter (q/q, annualized) in the fourth quarter – below the consensus forecast of 3.0% – and a notable deceleration from Q3’s 4.4%. The annual average rate of growth for 2025 was 2.2% – down from 2024’s 2.8%. Consumer spending rose by 2.4% q/q, following a stronger gain of 3.5% […]

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