Q4 GDP Was Better Than Expected: What Does It Mean for Rate Cuts?
The Breakdown
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Q4 GDP Growth Exceeds Expectations and Potential Implications for Rate Cuts
Discussion on the Bureau of Economic Analysis' release of the first estimate of Q4 GDP growth, surpassing expectations due to factors like personal consumption, non-residential fixed investment, inventory investment, and government spending. Also mentioned are the settlement of core PCE inflation at 2% and the possibility of rate cuts by the Fed.
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