U.S. GDP Set To Bounce Back After Government Shutdown Depresses Q4 Activity
Source: SeekingAlpha
2026-02-20 11:10:00 ET
By James Knightley , Chief International Economist, US
Underlying growth remains firm despite government shock
We've had quite a surprising set of US numbers today, with fourth quarter 2025 GDP recording growth half of what was predicted (1.4% QoQ annualised versus the 2.8% consensus). Meanwhile, the Fed's favoured inflation measure, the December core PCE deflator, was hotter at +0.4%MoM/2.9%YoY (consensus 0.3%/2.8%)....
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U.S. GDP Set To Bounce Back After Government Shutdown Depresses Q4 Activity
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