{"podcast":{"title":"The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy","slug":"the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696","podcast_index_feed_id":7871696,"rss_url":"https://feeds.fexingo.com/business/the-federal-reserve-podcast.xml","website_url":"https://www.fexingo.com/","image_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/cover.png","author":"Fexingo","episode_count":121,"summary":"Lucas and Luna dissect the Federal Reserve's every move—from FOMC rate decisions and dot-plot projections to the arcane mechanics of open market operations. Each episode opens with a live data snapshot: the current fed funds rate, Treasury yield curve slope, and the latest reading on the Fed's preferred inflation gauge (PCE). Then they argue over what the data actually means. Should the market price in a cut? Is QT about to end? Why did one regional Fed president break with the consensus? The conversation is calibrated for the listener who already knows the difference between IOER and ON RRP and wants to hear two incisive analysts—not pundits—wrestle with the nuances. Lucas brings the journalist's instinct for what matters to Main Street; Luna pushes back with the macro quant's obsession with regime odds. Together they walk the line between monetary theory and the real-world bets that portfolio managers, corporate treasurers, and independent investors are making this week. No helicopter economics. No 'Fed will save us' cheerleading. Just a clear-eyed, numbers-driven interrogation of the central bank that moves every market. By the end, you'll have a sharper framework for interpret…","last_synced_at":"2026-07-18T12:19:18.798932+00:00","page_url":"https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696"},"episode":{"title":"How Falling Participation Reshapes Fed Rate Path","slug":"how-falling-participation-reshapes-fed-rate-path","published_at":"2026-07-08T05:40:44+00:00","page_url":"https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/how-falling-participation-reshapes-fed-rate-path","show_page_url":"https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696","url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0100.mp3","audio_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0100.mp3","summary":"In this 100th episode, Lucas and Luna examine how the recent drop in labor force participation to its lowest level in 50 years outside the Covid era is forcing the Federal Reserve to reconsider its rate path. With June payrolls at just 57,000 and the unemployment rate at 4.2%, the hosts discuss why a smaller workforce means the Fed can't simply rely on job creation data to guide policy. They break down the participation-rate puzzle: fewer workers means less slack, but also lower potential GDP. Lucas argues this shifts the Fed's focus from inflation alone to a new trade-off between maximum employment and price stability. The conversation uses the latest data—10-year breakeven at 2.25% and the Fed funds rate at 3.63%—to show how the participation decline complicates the classic Phillips Curve model. A must-listen for anyone tracking where the Fed is headed next. #FederalReserve #FallingParticipation #LaborForce #MonetaryPolicy #RatePath #JobsReport #Inflation #EconomicData #FOMC #FedPolicy #Economy2026 #Employment #ParticipationRate #Macroeconomics #CentralBanking #BusinessPodcast #FexingoBusiness #Economics Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In this 100th episode, Lucas and Luna examine how the recent drop in labor force participation to its lowest level in 50 years outside the Covid era is fo…","key_points":[],"chapters":[],"topics":[],"duration_seconds":517,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/episodes/how-falling-participation-reshapes-fed-rate-path/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/how-falling-participation-reshapes-fed-rate-path.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}