The Federal Reserve today lowered its target rate for the federal funds rate to 4.5 percent and slashed the discount rate to 5 percent.
The 25-basis-point reduction in both short-term rates was less drastic than similar action the Fed took last month as a response to financial market disruption stemming from losses in mortgage lending, but […]

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Denver Real Estate takes a dip
A leading measure of U.S. home prices released Tuesday shows a decline in Denver since last August.
The price of a single-family in Denver in August was down by 0.4 percent from a year earlier, according to the S&P/Case-Shiller Home Price Indices.
The dip is an improvement over the July […]

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