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September 16 2026 — 2 pages

Reference FOMC Minutes, July 2026 — A 9–3 Hold and a Calendar Fight The July FOMC held rates at 3.50–3.75% on a rare 9–3 vote — Hammack, Kashkari and Logan each wanted a hike. Minutes (Aug 19) also show Chair Warsh floating a cut from eight meetings a year to six. Economy · Sep 8 Reference US Retail Sales — July 2026 July retail sales fell 0.6% to $763.6B (seasonally adjusted) — the first drop in nine months — yet ran 5.0% above July 2025. Nonstore retail fell 2.2%; the ex-autos-and-gas measure slipped 0.2%. Economy · Sep 3