{"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 Use the Pass-Through of Policy Rates","slug":"how-central-banks-use-the-pass-through-of-policy-rates","published_at":"2026-07-13T20:00:30+00:00","page_url":"https://stenobird.com/podcast/monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013/how-central-banks-use-the-pass-through-of-policy-rates","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-0109.mp3","audio_url":"https://audio.fexingo.com/business/monetary-policy-explained/episode-0109.mp3","summary":"Episode 109 of Monetary Policy Explained with Fexingo. Lucas and Luna drill into one of central banking's most maddening puzzles: the pass-through of policy rates to the real economy. They trace the journey from a rate hike announcement—say, 25 basis points from a major central bank in mid-2026—through bank funding costs, lending spreads, and ultimately to a small business owner's loan renewal. Luna highlights a 2024 study showing that in the euro area, only 40 percent of a rate change hits bank lending rates within one quarter, while in the U.S. the figure is closer to 70 percent. Lucas explains why the 'stickiness' differs: fixed-rate mortgages lengthen the transmission belt, floating-rate debt speeds it up, and banks' net interest margins buffer the shock. They also touch on how non-bank lenders and securitisation have changed the pass-through dynamics post-2023, and why the Bank of England now watches a 'pass-through gauge' in its quarterly Monetary Policy Report. A concrete, numbers-driven look at why monetary policy doesn't always work as fast as the textbooks say. #MonetaryPolicy #CentralBanks #PassThrough #InterestRates #FederalReserve #ECB #BankOfEngland #LendingRates #TransmissionMechanism #NetInterestMargin #MonetaryTransmission #FixedRateMortgages #FloatingRateDebt #NonBankLending #Securitization #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Episode 109 of Monetary Policy Explained with Fexingo. Lucas and Luna drill into one of central banking's most maddening puzzles: the pass-through of poli…","key_points":[],"chapters":[],"topics":[],"duration_seconds":560,"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-use-the-pass-through-of-policy-rates/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-use-the-pass-through-of-policy-rates.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}