{"podcast":{"title":"Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates","slug":"monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013","podcast_index_feed_id":7872013,"rss_url":"https://feeds.fexingo.com/business/monetary-policy-explained.xml","website_url":"https://www.fexingo.com/","image_url":"https://audio.fexingo.com/business/monetary-policy-explained/cover.png","author":"Fexingo","episode_count":116,"summary":"Lucas and Luna examine how central banks shape the economy through money supply and interest rates. Each episode dissects a specific policy move — a rate hike by the Federal Reserve, a quantitative easing program by the ECB, or a reserve requirement change by the People's Bank of China — and traces its impact on inflation, employment, and financial markets. Lucas brings the macroeconomic framework, citing exact data points from recent central bank statements and academic research. Luna pushes for the real-world implications: what does a 25-basis-point increase mean for a small business owner in Ohio or a bond trader in London? Together, they strip away jargon to reveal the mechanics of monetary transmission. The show serves investors, economics students, and professionals who need to understand policy signals without the noise. No hot takes, no political spin — just a clear-eyed look at how decisions made in marble halls ripple through the global economy. Can a central bank really steer growth without causing a recession? Lucas and Luna don't claim to have the answer, but they give you the tools to decide for yourself. #MonetaryPolicy #CentralBanks #FederalReserve #ECB #InterestRa…","last_synced_at":"2026-07-17T16:19:46.455535+00:00","page_url":"https://stenobird.com/podcast/monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013"},"episode":{"title":"How Central Banks Determine the Neutral Rate of Interest","slug":"how-central-banks-determine-the-neutral-rate-of-interest","published_at":"2026-07-16T07:32:14+00:00","page_url":"https://stenobird.com/podcast/monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013/how-central-banks-determine-the-neutral-rate-of-interest","show_page_url":"https://stenobird.com/podcast/monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013","url":"https://audio.fexingo.com/business/monetary-policy-explained/episode-0114.mp3","audio_url":"https://audio.fexingo.com/business/monetary-policy-explained/episode-0114.mp3","summary":"In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna dive into the concept of the neutral rate of interest—often called R-star. They explore why central banks are currently scrutinizing the neutral rate more than ever in July 2026, as the post-pandemic economy reshapes estimates. The hosts break down how the neutral rate is estimated using models from Laubach and Williams, and the Holston-Laubach-Williams approach, referencing specific data from the New York Fed and the San Francisco Fed. They discuss why the neutral rate has been declining since the 1980s, factors like aging demographics and productivity slowdowns, and whether the pandemic has pushed R-star higher. The episode also examines how central banks use the neutral rate as a benchmark for whether monetary policy is accommodative or restrictive. Lucas and Luna unpack the uncertainty around these estimates and why policymakers must navigate with humility. A must-listen for anyone wanting to understand the invisible compass guiding interest rate decisions. #NeutralRate #RStar #CentralBanks #MonetaryPolicy #InterestRates #FederalReserve #LaubachWilliams #HolstonLaubachWilliams #NewYorkFed #SanFranciscoFed #Productivity #Demographics #Inflation #PostPandemic #Economics #FexingoBusiness #BusinessPodcast #MonetaryPolicyExplained Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna dive into the concept of the neutral rate of interest—often called R-star. They…","key_points":[],"chapters":[],"topics":[],"duration_seconds":477,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013/episodes/how-central-banks-determine-the-neutral-rate-of-interest/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013/how-central-banks-determine-the-neutral-rate-of-interest.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}