# Why the Fed Is Watching the Six-Month Eurodollar Curve Page: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/why-the-fed-is-watching-the-six-month-eurodollar-curve Text version: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/why-the-fed-is-watching-the-six-month-eurodollar-curve.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: 2026-07-07T05:44:11+00:00 Episode link: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0098.mp3 Audio file: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0098.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/episodes/why-the-fed-is-watching-the-six-month-eurodollar-curve Duration seconds: 526 ## Resource Episode 98 of The Federal Reserve Podcast digs into a specific market signal the Fed is watching closely right now: the six-month Eurodollar futures curve. With the fed funds rate stuck at 3.63 percent and the ten-year Treasury yield climbing to 4.48 percent, the Eurodollar curve has flattened sharply — suggesting the market doubts the Fed will cut rates anytime soon. Lucas and Luna explain what Eurodollar futures are, why the six-month tenor matters for monetary policy transmission, and how this curve has historically predicted turning points before the FOMC acts. They also touch on the ECB's recent divergence and what Lagarde's hinted exit means for dollar funding. No broad Fed overview — just one curve, one question, and what it says about the rate path ahead. #FederalReserve #MonetaryPolicy #EurodollarFutures #InterestRates #FOMC #CentralBanking #YieldCurve #LaggedTransmission #ECB #Lagarde #DollarFunding #RatePath #BondMarket #SOFR #TreasuryYields #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/episodes/why-the-fed-is-watching-the-six-month-eurodollar-curve/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/why-the-fed-is-watching-the-six-month-eurodollar-curve.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.