---
title: "Flash Review | U.S. GDP Data Significantly Revised Downward, \"Stagflation\" Risk May Return"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/279119478.md"
description: "The latest GDP data from the United States has been significantly revised downwards, with the annualized growth rate of real GDP for the fourth quarter of 2025 adjusted from 1.4% to 0.7%. At the same time, the core PCE price index in January rose by 3.1% year-on-year, marking the largest increase in nearly a year, indicating that inflationary pressures still exist. This situation may lead to a return of the risk of \"stagflation,\" presenting new challenges for the Federal Reserve"
datetime: "2026-03-14T09:22:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279119478.md)
  - [en](https://longbridge.com/en/news/279119478.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279119478.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/279119478.md) | [English](https://longbridge.com/en/news/279119478.md)


# Flash Review | U.S. GDP Data Significantly Revised Downward, "Stagflation" Risk May Return

U.S. inflation remains "high," and the latest data sounds the alarm again.

On March 13th local time, the U.S. Department of Commerce released data showing that the core PCE price index rose 3.1% year-on-year in January, marking the largest increase in nearly a year.

The revised GDP data released at the same time indicated that the annualized quarter-on-quarter growth rate of the U.S. real GDP in the fourth quarter of 2025 was 0.7%, significantly down from the initial estimate of 1.4%.

Why has inflation risen again? What challenge does this pose for the Federal Reserve?

The Global Information program "Flash Review" invited **Wang Jinbin, Professor at the School of Economics of Renmin University of China**, to analyze and interpret.

Source | Global Information

Reporter | Wei Yuchen

Reviewed by | Gong Chen, Chen Meng

Produced by | Cai Yaoyuan

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