{"podcast":{"title":"Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data","slug":"economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725","podcast_index_feed_id":7871725,"rss_url":"https://feeds.fexingo.com/business/economic-indicators.xml","website_url":"https://www.fexingo.com/","image_url":"https://audio.fexingo.com/business/economic-indicators/cover.png","author":"Fexingo","episode_count":121,"summary":"Lucas and Luna sit down each day with the latest releases of GDP, CPI, and PMI data, reading the macro tea leaves for what they actually mean for markets, policy, and business decisions. In each episode, Lucas traces a specific indicator—say, the core PCE deflator or the ISM manufacturing index—while Luna challenges the consensus interpretation, pushing toward the second-order effects that get lost in the headline numbers. They never just report the data; they argue about its signal-to-noise ratio, its revisions history, and its predictive track record. This is a show for the analyst, the portfolio manager, the economist, or the business leader who needs to interpret economic releases faster and more skeptically than the press releases. Lucas and Luna hold each other accountable to the numbers, calling out the difference between statistical noise and genuine turning points. Each episode closes with one unresolved tension: a data point that defies easy narrative, a lagging indicator that might be about to flip, or a policy response that could scramble the forecast. If you want to know not just what the data said today, but whether it matters for your next decision, this is the conv…","last_synced_at":"2026-07-18T12:21:16.733869+00:00","page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725"},"episode":{"title":"Why the Fed Still Watches Breakeven Rates Over Headline CPI","slug":"why-the-fed-still-watches-breakeven-rates-over-headline-cpi","published_at":"2026-07-10T18:14:04+00:00","page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-the-fed-still-watches-breakeven-rates-over-headline-cpi","show_page_url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725","url":"https://audio.fexingo.com/business/economic-indicators/episode-0106.mp3","audio_url":"https://audio.fexingo.com/business/economic-indicators/episode-0106.mp3","summary":"In Episode 106 of Economic Indicators with Fexingo, Lucas and Luna dig into a quiet but powerful number from the latest economic data: the 10-year breakeven inflation rate has slipped to 2.23 percent. While the CPI and PCE indexes still show sticky price pressures, the breakeven—a market-implied inflation expectation—has been edging down since spring. Lucas explains how the breakeven is calculated from Treasury and TIPS yields, and why it matters more than the CPI headline to the Fed's forward guidance. The hosts also connect the trend to the cooling labor market, with nonfarm payrolls adding just 57,000 jobs in June and the unemployment rate ticking down to 4.2 percent. They explore what falling inflation expectations mean for the Fed's rate path and for bond investors. A focused, data-rich conversation anchored to July 10, 2026, that helps listeners understand one of the most closely watched signals in macro markets. #BreakevenInflationRate #TenYearTreasury #TIPS #CPI #CorePCE #FederalReserve #InflationExpectations #BondMarket #EconomicIndicators #LaborMarket #NonfarmPayrolls #UnemploymentRate #MacroData #Economics #FexingoBusiness #BusinessPodcast #LucasAndLuna #PodcastEpisode106 Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In Episode 106 of Economic Indicators with Fexingo, Lucas and Luna dig into a quiet but powerful number from the latest economic data: the 10-year breakev…","key_points":[],"chapters":[],"topics":[],"duration_seconds":417,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/why-the-fed-still-watches-breakeven-rates-over-headline-cpi/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-the-fed-still-watches-breakeven-rates-over-headline-cpi.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}