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BREAKING: War in Iran Day 201 — 1930s Radio Broadcast | September 16, 2026
September 16, 2026. Day 201. The Federal Reserve announced its rate decision at 2 p.m. today, expected to raise the federal funds rate for the first time since 2023 — with futures pricing the move at roughly 88%. The cause is not American. Brent touched $108 after the weekend Hormuz attacks, and Gulf oil exports have fallen to about 16 million barrels a day from a pre-war 23 million.
Tonight's report:
• The FOMC met Tuesday and Wednesday under Chair Kevin Warsh. In March this same committee held at 3.50–3.75% on an 11–1 vote and raised its 2026 inflation forecast to 2.7%, citing the Middle…
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