# What the Fed Makes of Surging Wholesale Prices

Page: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-the-fed-makes-of-surging-wholesale-prices
Text version: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-the-fed-makes-of-surging-wholesale-prices.md
Podcast: [The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy](https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696)
Published: 2026-06-11T17:39:19+00:00
Episode link: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0045.mp3
Audio file: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0045.mp3
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Duration seconds: 484

## Resource

With wholesale prices jumping 1.1% in May and consumer inflation hitting 4.2%, Lucas and Luna drill into a specific Fed headache: the producer price index is flashing signals the CPI doesn't capture. They unpack why the PPI surge matters more than the headline CPI number, how energy costs are reshaping the Fed's rate path, and why the ECB's rate hike today adds pressure on the Powell Fed. Plus, they connect the dots to the ten-year breakeven inflation rate ticking up to 2.34%. No fluff, just a focused 10-minute breakdown of what the Fed is actually debating right now. #FederalReserve #InterestRates #MonetaryPolicy #Inflation #PPI #CPI #WholesalePrices #EnergyPrices #ECB #RateHikes #BreakevenInflation #FOMC #ProducerPriceIndex #CoreInflation #MayCPI #CentralBanking #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo

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## Transcript

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