# What the Fed Makes of the ECB Rate Hike

Page: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-the-fed-makes-of-the-ecb-rate-hike
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-the-ecb-rate-hike.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: 2026-06-12T17:34:43+00:00
Episode link: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0048.mp3
Audio file: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0048.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/episodes/what-the-fed-makes-of-the-ecb-rate-hike
Duration seconds: 358

## Resource

Episode 48 of The Federal Reserve Podcast examines the European Central Bank's surprise rate hike on June 11, 2026 — its first since 2023 — and what it means for the Fed. Hosts Lucas and Luna break down how the Iran conflict is driving energy costs, pushing ECB to act while the Fed stays patient. They explore the divergence in monetary policy, the impact on the dollar and U.S. import prices, and what Fed Chair Powell might signal at the next FOMC meeting. With core PCE still above target and wholesale prices surging, the episode connects global events to domestic rate decisions. Specific data points include the ECB hike, the 1.1 percent jump in May wholesale prices, and the 4.2 percent annual CPI reading. Listeners will understand why the Fed can't ignore ECB moves, especially when energy shocks cross borders. A candid look at central bank interdependence in a tense geopolitical climate. #FederalReserve #ECB #MonetaryPolicy #InterestRates #IranConflict #EnergyCosts #Inflation #CorePCE #WholesalePrices #CPI #FOMC #CentralBanks #DollarStrength #GlobalEconomy #RateHike #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo

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