Headlines
Bloomberg MarketsUS Treasuries Fall After Supreme Court Scraps Trump’s TariffsBloomberg MarketsTrump's Global Tariffs Struck Down by Supreme CourtBloomberg MarketsAston Martin Owner’s F1 Deal With Himself Shows Turnaround PainBloomberg MarketsAngolan Carrier Eyes Direct China Flights, Aims to Trim LossesBloomberg MarketsIndra Sets Up Process to Address Conflicts in Deal With ChairmanFinancial TimesUS Supreme Court rules Trump’s sweeping tariffs are illegalBloomberg MarketsRussia Sold 300,000 Ounces of Gold as Prices Hit RecordBloomberg MarketsUS Consumer Sentiment Rises Less Than Expected in FebruaryFinancial TimesIran preparing deal proposal for US, says foreign ministerBloomberg MarketsFrance’s SNCF Weighs Stake Sale for Rail Logistics EuropeBloomberg MarketsJapan Businesses Welcome the Startups They Once ShunnedBloomberg MarketsJapan Inc. Maps Path to a Nimbler, More-Flexible FutureBloomberg MarketsApollo on Private Credit: 'We Don't Do What Banks Do'Bloomberg MarketsRowan Sees Private Capital as Key Need for JapanBloomberg MarketsApollo's Rowan Says Japan Is Poised for a Big ComebackBloomberg MarketsUS Treasuries Fall After Supreme Court Scraps Trump’s TariffsBloomberg MarketsTrump's Global Tariffs Struck Down by Supreme CourtBloomberg MarketsAston Martin Owner’s F1 Deal With Himself Shows Turnaround PainBloomberg MarketsAngolan Carrier Eyes Direct China Flights, Aims to Trim LossesBloomberg MarketsIndra Sets Up Process to Address Conflicts in Deal With ChairmanFinancial TimesUS Supreme Court rules Trump’s sweeping tariffs are illegalBloomberg MarketsRussia Sold 300,000 Ounces of Gold as Prices Hit RecordBloomberg MarketsUS Consumer Sentiment Rises Less Than Expected in FebruaryFinancial TimesIran preparing deal proposal for US, says foreign ministerBloomberg MarketsFrance’s SNCF Weighs Stake Sale for Rail Logistics EuropeBloomberg MarketsJapan Businesses Welcome the Startups They Once ShunnedBloomberg MarketsJapan Inc. Maps Path to a Nimbler, More-Flexible FutureBloomberg MarketsApollo on Private Credit: 'We Don't Do What Banks Do'Bloomberg MarketsRowan Sees Private Capital as Key Need for JapanBloomberg MarketsApollo's Rowan Says Japan Is Poised for a Big Comeback
Home/Financial Times
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Financial Timesglobal

US growth falls sharply to 1.4% rate in fourth quarter

Financial Times
Friday, February 20, 2026 at 1:59 PM
~4 min read
Monetary Policy

Original Report

Figure hit by drop in government spending during federal shutdown is far below analysts’ expectations

Glass House Analysis

Central bank policy decisions made in boardrooms cascade through the economy in ways that touch everyone. A quarter-point rate change might seem abstract, but it determines whether young families can afford homes, whether businesses can afford to hire, and whether retirees see meaningful returns on their savings. The tension between fighting inflation and maintaining employment represents a fundamental tradeoff in economic policy—one that invariably creates winners and losers.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%