US Real Consumer Spending QoQ Final (Q4) Q/Q 1.9% vs. Exp. 2% (Prev. 3.5%)

The final print for US real consumer spending in Q4 came in at 1.9%, slightly below the expected 2% and down from the previous 3.5%. This miss suggests a cooling in consumer demand, which could influence expectations for growth and complicate the outlook for monetary policy, particularly in terms of future rate hikes.