# Three Central Banks Made the Same Mistake in One Week

Page: https://stenobird.com/podcast/noise-cancelling-with-neil-woodford-7475728/three-central-banks-made-the-same-mistake-in-one-week
Text version: https://stenobird.com/podcast/noise-cancelling-with-neil-woodford-7475728/three-central-banks-made-the-same-mistake-in-one-week.md
Podcast: [Noise Cancelling with Neil Woodford](https://stenobird.com/podcast/noise-cancelling-with-neil-woodford-7475728)
Published: 2026-07-03T16:11:38+00:00
Episode link: https://w4pz.podbean.com/e/three-central-banks-made-the-same-mistake-in-one-week/
Audio file: https://mcdn.podbean.com/mf/web/4ri76u7gcen7hzcm/S02E01_-_Three_Central_Banks_Made_the_Same_Mistake_in_One_Weekav062.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/noise-cancelling-with-neil-woodford-7475728/episodes/three-central-banks-made-the-same-mistake-in-one-week
Duration seconds: 2393

## Resource

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.

## Actions

- request_transcript: `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.
- read_markdown: `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.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.