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The U.S. Is Slowing, But Inflation Won't Let Up; GDP, PMI And Tariffs In One 'Difficult' Mix

Source: SeekingAlpha

2026-02-23 08:05:00 ET

Originally published on February 20, 2026

By Krzysztof Kami?ski

A sharp GDP slowdown: 1.4% instead of the expected 3%

The end of 2025 proved clearly weaker for the U.S. economy than anticipated. Real GDP growth in Q4 fell to 1.4% at an annual rate, down from 4.4% in Q3. The deceleration is large enough that it’s hard to dismiss as mere “statistical noise,” especially given that markets had been looking for a result closer to 3%....

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The U.S. Is Slowing, But Inflation Won't Let Up; GDP, PMI And Tariffs In One 'Difficult' Mix
Invesco DB USD Index Bullish Fund

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