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

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