US GDP Cools to 1.4% as Core PCE Inflation Hits 3% — What It Means for Fed Rates
U.S. GDP grew at a 1.4% annualized rate in Q4 2025, down sharply from 4.4% in Q3, the Commerce Department reported Friday. Core PCE inflation rose 0.4% in December and 3.0% year-on-year. S&P 500 E-minis fell 0.28% after the data. President Trump blamed the October–November shutdown for weaker growth and called for lower interest rates.