US: Growth cooling back to potential – TD Securities
TD Securities expects US GDP growth to slow to 2.3% q/q annualized in Q4 2025, down from earlier strong quarters, as consumer spending moderates, federal outlays contract and net exports drag.
TD Securities expects US GDP growth to slow to 2.3% q/q annualized in Q4 2025, down from earlier strong quarters, as consumer spending moderates, federal outlays contract and net exports drag.
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