Barclays raises its forecast for US fourth-quarter GDP growth.

PANews reported on December 24th that, according to Jinshi, Barclays economists stated in a research report that the Federal Reserve is likely to view the unexpected acceleration in US GDP in the third quarter as a signal that underlying demand remains strong. While volatile components such as net exports may exaggerate the overall growth momentum, the continued expansion of consumer spending still demonstrates fundamental resilience. Economists pointed out that although economic performance may fluctuate in the first half of 2025, aggregate demand has accumulated significant momentum by the end of the year. Based on this, Barclays slightly raised its forecast for fourth-quarter GDP year-on-year growth by about 0.3 percentage points to 2.0%.