President Trump said the record-long government shutdown in the fall had a sizable effect on gross domestic product, and repeated his call for lower interest rates.

"Democrat Shutdown cost the U.S.A. at least two points in GDP. That’s why they are doing it, in mini form, again. No Shutdowns!" he posted on his Truth Social platform.

Data due this morning is expected to show fourth-quarter GDP rose by 2.5% at an annualized rate, according to economists polled by The Wall Street Journal—almost two percentage points lower than the 4.4% rate recorded in the previous quarter.