Spending Quicker, Inflation Warmer, US GDP Revisions Show

Inflation was a little warmer, spending a little quicker and overall growth a little slower in Q4, meaningless revisions to US GDP data released on Wednesday showed. A tenth of a point isn't going to matter for anyone's narrative either way. If your macro outlook has shifted because the BEA now says Q4 growth was 3.2% instead of 3.3% and/or because the same second estimate suggests core inflation ran at 2.1% QoQ instead of 2% as originally reported, well then you're a silly person. I suppose t

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