Episode
Three Central Banks Made the Same Mistake in One Week
- Published
- Jul 3, 2026
- Duration seconds
- 2393
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/noise-cancelling-with-neil-woodford-7475728/episodes/three-central-banks-made-the-same-mistake-in-one-week/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/noise-cancelling-with-neil-woodford-7475728/three-central-banks-made-the-same-mistake-in-one-week.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Oil hit $144 in April, the highest price ever paid for physical crude, and underlying inflation barely moved. Neil Woodford explains why the oil price doesn’t work the way most people think, why three central banks tightened into a shock that was already reversing, and why the next surprise is lower inflation and lower rates.