US Q4 GDP Growth Slows to 1.4%, Missing Expectations

The U.S. Bureau of Economic Analysis reported Q4 GDP rose 1.4% annualized, missing the 3.0% consensus from economists surveyed by Reuters. The slowdown was linked to last year’s government shutdown and softer consumer spending. The December trade deficit reached a five-month high, while Trump urged avoiding a shutdown and pursuing rate cuts.

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