{"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 Funflation Is Reshaping the Feds Inflation Battle","slug":"how-funflation-is-reshaping-the-feds-inflation-battle","published_at":"2026-07-12T17:55:17+00:00","page_url":"https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/how-funflation-is-reshaping-the-feds-inflation-battle","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-0110.mp3","audio_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0110.mp3","summary":"In this episode of The Federal Reserve Podcast, Lucas and Luna examine the 'funflation' trend — where the cost of at-home experiences like streaming, delivery, and gaming is rising faster than headline CPI. With the 10-year breakeven inflation rate ticking up to 2.24 percent and core PCE still elevated, they ask whether the Fed should care that staying in is no longer the cost-saver it used to be. Lucas breaks down new data from the Bureau of Economic Analysis showing that 'home entertainment' prices rose 4.6 percent year-over-year in May 2026, outpacing both headline CPI (3.8 percent) and core CPI (4.1 percent). They discuss how this could distort official inflation measures, particularly the substitution bias in CPI, and what it means for the Fed's preferred PCE gauge. Luna pushes back on whether this is a structural shift or just a statistical quirk. The conversation ties back to the June payrolls miss of 57,000 and the falling labor force participation rate, asking whether funflation complicates the dual mandate. A focused, numbers-driven look at an underreported inflation wrinkle. #Funflation #FederalReserve #Inflation #CPI #PCE #CoreInflation #BreakevenInflation #HomeEntertainment #EconomicData #MonetaryPolicy #DualMandate #LaborForceParticipation #Payrolls #BureauOfEconomicAnalysis #SubstitutionBias #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo","meta_description":"In this episode of The Federal Reserve Podcast, Lucas and Luna examine the 'funflation' trend — where the cost of at-home experiences like streaming, deli…","key_points":[],"chapters":[],"topics":[],"duration_seconds":545,"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-funflation-is-reshaping-the-feds-inflation-battle/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-funflation-is-reshaping-the-feds-inflation-battle.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}