4Q2025 Quarterly Market Commentary скачать в хорошем качестве

4Q2025 Quarterly Market Commentary

The fourth quarter of 2025 was marked by a historic 43-day government shutdown, creating a temporary data blackout that affected key economic indicators. The Congressional Budget Office estimates a hit of 1.0–2.0 percentage points to GDP growth, alongside significant output loss. Despite this, the U.S. economy showed resilience with a 4.3% GDP growth in Q3, steady job growth, and improving consumer sentiment heading into 2026. The Fed cut rates three times in 2025, aiming to support the economy as inflation eases but remains above target. This + much more from Caryn Sanchez in our market commentary for Q42025. You can read Caryn's full commentary on our blog here: https://hubs.ly/Q040kBP90