Inflation Drops, Growth Steady - Markets Soar as Prices Fall
- Inflation fell sharply from over 6% to 3.1%, boosting consumer confidence
- Economic growth and job growth remained resilient despite high interest rates
- Stocks boomed with the S&P 500 index rising 24% amid lower inflation
- Energy prices dropped with oil and gas becoming more affordable
- Financial stress rose for some Americans struggling with debt payments
