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Minutes from the Sept. 15-16 FOMC meeting said most participants viewed another increase in the fed funds target range as likely appropriate by year end, while stressing that future decisions would depend on incoming data.
Fed: Many participants saw risk-management grounds for hike
Core & Main reported second-quarter fiscal 2026 net sales up 2.5% to about $2.1 billion and adjusted EBITDA up 3% to $274 million, while reaffirming full-year guidance for sales and adjusted EBITDA.