# The Inflation Outlook and Fed Policy under New Leadership Page: https://stenobird.com/podcast/notes-on-the-week-ahead-645171/the-inflation-outlook-and-fed-policy-under-new-leadership Text version: https://stenobird.com/podcast/notes-on-the-week-ahead-645171/the-inflation-outlook-and-fed-policy-under-new-leadership.md Podcast: [Notes on the Week Ahead](https://stenobird.com/podcast/notes-on-the-week-ahead-645171) Published: 2026-06-15T10:56:04+00:00 Episode link: https://notesontheweekahead.podbean.com/e/the-inflation-outlook-and-fed-policy-under-new-leadership/ Audio file: https://mcdn.podbean.com/mf/web/q56bvadafbxzhnw9/notwa_audio_061526_v18rud5.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/notes-on-the-week-ahead-645171/episodes/the-inflation-outlook-and-fed-policy-under-new-leadership Duration seconds: 784 ## Resource Last Wednesday’s CPI report, while not a surprise, still showed a year-over-year inflation rate of 4.2% - higher than in any month since April, 2023. For investors, this raises a number of questions. First, is this the peak for U.S. inflation and, if it is, how fast will inflation fall from here? Second, are we looking at the right inflation rate, anyway, given differences between CPI and PCE deflators, headline and core measures and the new Fed Chairman’s preference for trimmed mean and median readings? ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/notes-on-the-week-ahead-645171/episodes/the-inflation-outlook-and-fed-policy-under-new-leadership/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/notes-on-the-week-ahead-645171/the-inflation-outlook-and-fed-policy-under-new-leadership.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.