The U.S. GDP rose only 1.4% last quarter, far below expectations, and the expectation for interest rate cuts is heating up again

The GDP growth in the United States for the fourth quarter of last year was only 1.4%, far below the expected 3%, marking the lowest growth rate in over a year. The cautious attitude of households in a high-interest-rate environment is evident, as personal consumption expenditures are still growing positively, but spending on goods and services has slowed down. Residential investment has turned negative, corporate investment has also slowed, and net exports have made a negative contribution. Government spending provided about 0.4 percentage points of support, while inventory changes contributed approximately 0.2 percentage points to growth. Market expectations for further interest rate cuts by the Federal Reserve have increased