July 17, 2026 Chart of the Day Number of the Day 18 The yearly percentage change in nonstore retail sales in June, the fastest pace since April 2021 Quote of the Day “I currently believe modestly higher interest rates would better balance the outlook and risks.” Dallas Fed President Lorie Logan Thursday’s Highlights Initial unemployment claims (week of 7/5) fell by 8,000 to a two-month low 208,000. Retail sales (June) rose by 0.2 percent overall and 0.5 percent in the core control group. The...

July 16, 2026 Chart of the Day Number of the Day 6.65 - The average 30-year fixed mortgage rate last week, equaling the highest since last August. Quote of the Day “I don’t view a one-time change in prices (a reference to the potential impact of the AI boom) as necessarily being inflationary because there’s a supply response.” Federal Reserve Chair Kevin Warsh Tuesday's Highlights The Beige Book (June-July) showed the economy growing at a “slight to moderate” pace. The PPI (June) fell by 0.3...

July 15, 2026 Chart of the Day Number of the Day -0.2 The percentage change in the core consumer price index in June, the first decline in 15 months and the largest since May 2020. Quote of the Day “There might be some that look at this morning’s data and say, ‘Oh, mission accomplished, everything is swell.’ That is not my view.” Federal Reserve Chair Kevin Warsh Tuesday’s Highlights The CPI (June) fell by 0.4 percent on the month and is now up by 3.5 percent year-over-year. The core CPI...