New data reveals that GDP growth for the first quarter has dipped to just 0.3%. This figure comes from CNBC’s Rapid Update survey, which aggregated the insights of 14 economists. The analysis suggests that Core PCE inflation is likely to remain stagnant around 2.9% for much of the year. This concerning data highlights the stagnation in economic activity and the looming influence of tariffs on growth. As businesses and consumers navigate these challenging conditions, the outlook appears uncertain. Policymakers and analysts must watch these trends closely to adapt future economic strategies accordingly.