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The dream economic scenario might be back on the table, as inflation cools and growth surges

Posted on AllSides November 15th, 2023
From The Left
Chip Somodevilla/Getty Images

Inflation cooled off in October – and that's fueled hopes from Wall Street to Main Street that the US economy may be headed for the best outcome possible after nearly two years of worry.

Stocks surged after the release of the Consumer Price Index report Tuesday, while benchmark 10-year Treasury yields pressed ahead with their retreat from 5% in a sign that the worst of last month's bond-market meltdown could be over.

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