Barclays raises US Q4 GDP growth forecast

Odaily Planet Daily News: Barclays economists pointed out in a research report that the Federal Reserve is likely to interpret the unexpectedly accelerated US GDP in Q3 as a sign that underlying demand remains strong. Although volatile components such as net exports may have exaggerated the overall growth, the continued expansion of consumer spending still demonstrates fundamental resilience. Economists noted that despite fluctuations in economic performance in the first half of 2025, total demand had accumulated significant momentum by the end of the year. Based on this, Barclays slightly raised its forecast for the year-over-year growth rate of Q4 GDP by about 0.3 percentage points, to 2.0%. (Jin10)