# Why the Fed Funds Rate Is Flat While the Rest of the Economy Shifts

Page: https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824/why-the-fed-funds-rate-is-flat-while-the-rest-of-the-economy-shifts
Text version: https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824/why-the-fed-funds-rate-is-flat-while-the-rest-of-the-economy-shifts.md
Podcast: [The Economic Forecast Podcast with Fexingo: Predictions, Outlooks, and What's Coming Next](https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824)
Published: 2026-07-23T20:11:42+00:00
Episode link: https://audio.fexingo.com/business/the-economic-forecast-podcast/episode-0129.mp3
Audio file: https://audio.fexingo.com/business/the-economic-forecast-podcast/episode-0129.mp3
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Duration seconds: 471

## Resource

The Fed Funds rate has been stuck at 3.63% since June, but underneath that flat line, the economy is moving fast. Core CPI is finally cooling, wholesale prices surprised to the downside, and the yield curve is steepening in a way that usually signals recession. Lucas and Luna dig into the disconnect between a static Fed and a dynamic economy. They explore why the Fed is comfortable holding steady, how falling goods prices are masking sticky services inflation, and what the steepening yield curve really means for the next six months. Plus, a look at why jobless claims just hit 187,000 — a level historically associated with expansion, not contraction. This is Episode 129 of The Economic Forecast Podcast. #FedFundsRate #EconomicForecast #Inflation #YieldCurve #SteepeningCurve #CoreCPI #WholesalePrices #JoblessClaims #FederalReserve #MonetaryPolicy #Economics #LaborMarket #BondMarket #RecessionSignal #FexingoBusiness #BusinessPodcast #EconomicForecastPodcast #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo

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