# Ceasefire Under Pressure, The Fed's Next Move, and Tokenmaxxing 4/9/26 Page: https://stenobird.com/podcast/the-exchange-431205/ceasefire-under-pressure-the-fed-s-next-move-and-tokenmaxxing-4-9-26 Text version: https://stenobird.com/podcast/the-exchange-431205/ceasefire-under-pressure-the-fed-s-next-move-and-tokenmaxxing-4-9-26.md Podcast: [The Exchange](https://stenobird.com/podcast/the-exchange-431205) Published: 2026-04-09T19:00:51+00:00 Episode link: https://www.cnbc.com Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/6238655f-ae42-419d-a14c-edccbf577d8e/episodes/af6d17f5-b7c9-471b-a29c-c2fa7da93bca/audio/128/default.mp3?aid=rss_feed&awCollectionId=6238655f-ae42-419d-a14c-edccbf577d8e&awEpisodeId=af6d17f5-b7c9-471b-a29c-c2fa7da93bca&feed=tc4zxWgX Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-exchange-431205/episodes/ceasefire-under-pressure-the-fed-s-next-move-and-tokenmaxxing-4-9-26 Duration seconds: 2628 ## Resource Former White House energy advisor Bob McNally sees an 85% chance the Iran ceasefire doesn't hold. The Fed's preferred inflation gauge climbed in February, even before oil's spike, does that lock in a rate hike this year? Plus, the internal practice at some big tech firms that could undermine the AI trade. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-exchange-431205/episodes/ceasefire-under-pressure-the-fed-s-next-move-and-tokenmaxxing-4-9-26/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-exchange-431205/ceasefire-under-pressure-the-fed-s-next-move-and-tokenmaxxing-4-9-26.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.