For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot. Inflation was steadily slowing from painful heights, and growth and hiring remained sturdy despite rising interest rates. Perhaps, the thinking went, the Fed’s inflation fighters were managing to nail a notoriously difficult “soft landing″: A scenario in which borrowing and spending slow just enough to tame inflation without tipping the world’s biggest economy into a recession. Then something went wrong: Inflation resurged, and with it fear that the Fed might have to raise rates so high as to cause a recession. Here’s a closer look at the economy’s vital signs at a particularly uncertain time.
US economy sending mixed signals: Here s what it all means - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
<div class="at-above-post addthis tool" data-url="https://www.metro.us/us-economy-sending-mixed-signals-heres-what-it-all-means-2/"></div>WASHINGTON (AP) Maybe it was just too good to be true. For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot. Inflation was steadily slowing from painful heights. And growth and hiring remained surprisingly sturdy despite ever-higher interest rates imposed by the Federal […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/us-economy-sending-mixed-signals-here
For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot. Inflation was steadily slowing from painful heights, and growth and hiring remained sturdy despite rising interest rates. Perhaps, the thinking went, the Fed’s inflation fighters were managing to nail a notoriously difficult “soft landing″: A scenario in which borrowing and spending slow just enough to tame inflation without tipping the world’s biggest economy into a recession. Then something went wrong: Inflation resurged, and with it fear that the Fed might have to raise rates so high as to cause a recession. Here’s a closer look at the economy’s vital signs at a particularly uncertain time.
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