GDP printed 4.3%. PCE inflation printed 2.8%. Here’s what actually did the work. (Dec 23, 2025)

Also - what about rate hikes ?

On December 23, 2025, the BEA dropped the initial estimate for U.S. Q3 2025 GDP. The headline was loud: real GDP grew at a 4.3% annual rate. In the same release, the Fed’s favorite inflation gauge sh…