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Markets dip on Stinker GDP, inflation reports
MANHATTAN (CN) — A pair of crucial economic reports poured cold water on markets, showing declining growth and resurgent inflation in data released Friday.
The latest personal consumption expenditures reading published by the U.S. Bureau of Economic Analysis showed a 0.4% increase in prices for December compared with the 0.3% increase most economists had forecast.
The report, which had been delayed by the government shutdown last fall, is considered the Federal Reserve’s preferred measure for inflation, which is bad news for those hoping for more aggressive interest rate cuts.
Similarly disappointing, the bureau’s first estimate of gross domestic product for the fourth quarter of 2025 increased by only 1.4%, much less than the predicted 2.5% increase. The GDP report also was delayed due to the government shutdown.
...
https://www.courthousenews.com/markets-dip-on-stinker-gdp-inflation-reports/
The latest personal consumption expenditures reading published by the U.S. Bureau of Economic Analysis showed a 0.4% increase in prices for December compared with the 0.3% increase most economists had forecast.
The report, which had been delayed by the government shutdown last fall, is considered the Federal Reserve’s preferred measure for inflation, which is bad news for those hoping for more aggressive interest rate cuts.
Similarly disappointing, the bureau’s first estimate of gross domestic product for the fourth quarter of 2025 increased by only 1.4%, much less than the predicted 2.5% increase. The GDP report also was delayed due to the government shutdown.
...
https://www.courthousenews.com/markets-dip-on-stinker-gdp-inflation-reports/
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