Page 18 - Peter Hooper News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot.

Stock prices surged in the first six weeks of 2023 on expectations that the Fed might soon pause and eventually reverse the series of aggressive rate hikes it began nearly a year ago. Then something went wrong.

The U.S. economy's vital signs are sending mixed signals at a perplexing time of high interest rates, still-punishing inflation and surprisingly strong economic gains.

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.