WASHINGTON (AP) — Even after inflation has steadily eased this year, the Federal Reserve’s policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point
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Is it a “richcession”? Or a “rolling recession”? Or maybe no recession at all?
WASHINGTON — The warnings have been sounded for more than a year: A recession is going to hit the United States. If not this quarter, then by next quarter. Or the quarter after that. Or
Read moreIs it a skip or a pause? Federal Reserve won’t likely raise rates next week but maybe next month. The Denver Post
WASHINGTON — When an increasingly fractious committee of Federal Reserve policymakers meets next week, Chair Jerome Powell will need to forge a consensus. One group of Fed officials would like to pause their relentless campaign
Read moreMetro Denver and Greeley economies walloped by pandemic
Metro Denver had the eighth strongest economy heading into the pandemic, but two years later, its economic ranking slipped to 121st out of 192nd metro areas, making it among the most deteriorated economies during the
Read moreColorado business leaders give low score to economy, survey says
Although Colorado’s economy continues to outperform much of the rest of the country, a new survey shows state business leaders remain pessimistic heading into the new year. The results released Wednesday by the University of
Read moreColorado economy will slow in next six months; rebound quickly
Colorado’s economy will slow noticeably in the first half of the year, before heating up again in the second half. And should that slowdown turn into a recession, it will likely be mild, short-lived and
Read moreInflation, bird-flu outbreak combine to drive up Thanksgiving dinner costs
Inflation and a widespread outbreak of bird flu that has swept through the country’s turkey farms have combined to make it tougher and more expensive to find the kind of turkey shoppers are looking for
Read moreColoradans can now use cryptocurrency to pay taxes
Gov. Jared Polis said Coloradans can pay their taxes using cryptocurrency, making good on a plan he announced earlier this year. “As of right now, the state of Colorado is officially accepting cryptocurrency as a
Read moreU.S. wholesale inflation fell in July for 1st time in 2 years
WASHINGTON — Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month.
Read moreYellen downplays U.S. recession risk as economic reports loom
WASHINGTON — Treasury Secretary Janet Yellen on Sunday said the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession. Yellen spoke on NBC’s “Meet the Press”
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