{"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 Neutral Rate Again","slug":"why-central-banks-are-watching-the-neutral-rate-again","published_at":"2026-07-15T19:50:55+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-neutral-rate-again","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-0113.mp3","audio_url":"https://audio.fexingo.com/business/monetary-policy-explained/episode-0113.mp3","summary":"In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna dig into R-star — the neutral rate of interest — and why it matters more than ever in mid-2026. They use the recent Federal Reserve Summary of Economic Projections as a case study, showing how the median longer-run fed funds rate estimate has drifted upward since pre-pandemic levels. Lucas explains how neutral rate estimates inform rate decisions, why they are unobservable and model-dependent, and what a higher R-star implies for the economy. Luna pushes back on the reliability of these estimates, noting the wide confidence intervals. The conversation also touches on the debate between secular stagnation and persistent fiscal stimulus as drivers of R-star. A focused, accessible look at one of central banking's most important — and most elusive — concepts. #RStar #NeutralRate #FederalReserve #MonetaryPolicy #CentralBanking #InterestRates #EconomicForecasting #FedSEP #LucasAndLuna #FexingoBusiness #BusinessPodcast #Economics #Macroeconomics #SecularStagnation #FiscalStimulus #LongRunRate #RateDecisions #Investing Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna dig into R-star — the neutral rate of interest — and why it matters more than ev…","key_points":[],"chapters":[],"topics":[],"duration_seconds":447,"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-neutral-rate-again/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-neutral-rate-again.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}