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That is important, i think president trump started to realize that after a while and democrats make political points but in the end the biden and administration i'm pretty sure will do the right thing. paul: there's some economists out there and analyst saying inflation is falling, money supply show up in money supply declined will show up as it always does so don't overdo the rate increase, on his writing that, what is your response to that? >> i think it's possible they will overdo it and they will if they stay in recession denial. the fact is we are in session right now, the labor market wi...

The central bank's preferred inflation measure cooled off in july in part due to the continued drop in energy prices. >> did powell give any hints about the next fed rate increase? >> he really shied away from being specific about what that rate increase might be like. he was not shy about being clear that they will continue to raise rates to lower inflation. take a listen to some of what he said earlier this morning. >> without price stabilitystabi economy does not work for anyone. without price stability we will not achieve a sustained period of labor market conditions that benefit all. the ...

Amid public comment on a proposed rate hike for LUS customers, some changes have been made to the proposal. Rates are subject to increase for electric, water, and wastewater services.

The increase from $12 to $19.50 a month will be discussed again at the Sept. 12 City Council meeting.

The Colorado Public Utilities Commission is listening to testimony over the course of two weeks as is considers a request from Xcel Energy to raise rates on natural gas customers.