{"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 Sahm Rule to Trigger Recession Alerts","slug":"how-central-banks-use-the-sahm-rule-to-trigger-recession-alerts","published_at":"2026-06-29T19:52:47+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-sahm-rule-to-trigger-recession-alerts","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-0081.mp3","audio_url":"https://audio.fexingo.com/business/monetary-policy-explained/episode-0081.mp3","summary":"Episode 81 of Monetary Policy Explained dives into the Sahm Rule, a real-time recession indicator developed by former Fed economist Claudia Sahm. Lucas and Luna break down how this rule works—triggering when the three-month average unemployment rate rises half a percentage point above its 12-month low—and why it has caught the attention of central bankers in 2026. They explore its track record, including how it signaled every US recession since the 1970s without false alarms, its role in the Fed's policy toolkit, and why some economists caution against relying on a single rule. The hosts discuss how the Bureau of Labor Statistics released the May 2026 jobs report on June 5, showing the three-month average unemployment rate at 4.0 percent, exactly 0.5 points above the low of 3.5 percent from early 2025, flirting with the Sahm trigger. They also touch on the rule's limitations for structural shifts like the post-pandemic labor market. A concrete, timely look at how a simple statistical rule shapes central bank thinking. #SahmRule #ClaudiaSahm #FederalReserve #RecessionIndicator #UnemploymentRate #MonetaryPolicy #Economics #CentralBanking #BusinessCycle #LaborMarket #BureauOfLaborStatistics #May2026JobsReport #FOMC #RealTimeIndicator #PolicyTrigger #FexingoBusiness #BusinessPodcast #Macroprudential Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Episode 81 of Monetary Policy Explained dives into the Sahm Rule, a real-time recession indicator developed by former Fed economist Claudia Sahm. Lucas an…","key_points":[],"chapters":[],"topics":[],"duration_seconds":618,"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-sahm-rule-to-trigger-recession-alerts/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-sahm-rule-to-trigger-recession-alerts.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}