{"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":"Why Central Banks Are Watching the Credit Channel Now","slug":"why-central-banks-are-watching-the-credit-channel-now","published_at":"2026-07-01T19:37:18+00:00","page_url":"https://stenobird.com/podcast/monetary-policy-explained-with-fexingo-central-banks-money-supply-and-interest-rates-7872013/why-central-banks-are-watching-the-credit-channel-now","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-0085.mp3","audio_url":"https://audio.fexingo.com/business/monetary-policy-explained/episode-0085.mp3","summary":"In Episode 85 of Monetary Policy Explained with Fexingo, Lucas and Luna dive into the credit channel of monetary policy — a mechanism that's getting fresh attention from central bankers in mid-2026. They anchor the discussion around a real-world case: the European Central Bank's April 2026 bank lending survey, which showed the steepest tightening of credit standards since 2012 outside of crisis periods. Lucas explains how the credit channel amplifies rate hikes through bank lending behavior, and why it may be a more powerful transmission mechanism than conventional models assume. The episode covers how higher rates reduce bank net interest margins, prompt tighter loan terms, and create a feedback loop that can replace further rate hikes. Luna pushes back with data on corporate bond issuance bypassing banks and questions whether the channel is as potent in a disintermediated financial system. Together they explore why central banks like the Fed and ECB are now building credit conditions indices into their reaction functions — and what that means for the outlook through the second half of 2026. Specific numbers, a concrete policy meeting, and a fresh angle that avoids overlap with prior episodes on reserve requirements, the yield curve, and macroprudential tools. #MonetaryPolicy #CreditChannel #CentralBanks #ECB #BankLending #InterestRates #TransmissionMechanism #FinancialConditions #NetInterestMargin #Disintermediation #CorporateBonds #GDP #Economics #FexingoBusiness #BusinessPodcast #MonetaryPolicyExplained #LucasAndLuna #PodcastEpisode Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In Episode 85 of Monetary Policy Explained with Fexingo, Lucas and Luna dive into the credit channel of monetary policy — a mechanism that's getting fresh…","key_points":[],"chapters":[],"topics":[],"duration_seconds":611,"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/why-central-banks-are-watching-the-credit-channel-now/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/why-central-banks-are-watching-the-credit-channel-now.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}