{"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 Phillips Curve","slug":"how-central-banks-use-the-phillips-curve","published_at":"2026-07-15T07:21:11+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-phillips-curve","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-0112.mp3","audio_url":"https://audio.fexingo.com/business/monetary-policy-explained/episode-0112.mp3","summary":"In this episode, Lucas and Luna explore how central banks use the Phillips curve to gauge the trade-off between inflation and unemployment. They break down why the curve has flattened over the past two decades, using the U.S. experience from the 1970s to today as a case study. The conversation digs into the breakdown of the traditional relationship after the 2008 financial crisis, the role of anchored inflation expectations, and how the Federal Reserve still relies on a modified version of the curve for policy decisions. Lucas explains the concept of the 'non-accelerating inflation rate of unemployment' (NAIRU) and why it's become harder to estimate. Luna challenges the reliability of the Phillips curve in a low-inflation world, citing data from the 2010s when unemployment fell well below NAIRU estimates without triggering inflation. The episode also touches on recent research about the curve's potential re-emergence after the pandemic, and what that means for central bank credibility. A clear, conversational look at one of macroeconomics' most debated relationships. #PhillipsCurve #CentralBanks #Inflation #Unemployment #MonetaryPolicy #FederalReserve #NAIRU #Macroeconomics #LaborMarket #InflationExpectations #Economics #BusinessPodcast #FexingoBusiness #Fexingo #Podcast #InterestRates #WageGrowth #EconomicData Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In this episode, Lucas and Luna explore how central banks use the Phillips curve to gauge the trade-off between inflation and unemployment. They break dow…","key_points":[],"chapters":[],"topics":[],"duration_seconds":493,"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-phillips-curve/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-phillips-curve.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}