{"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 Interest Rate Calculus","slug":"how-funflation-is-reshaping-the-feds-interest-rate-calculus","published_at":"2026-07-13T05:38:22+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-interest-rate-calculus","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-0111.mp3","audio_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0111.mp3","summary":"Lucas and Luna dive into the latest inflation data and how the 'funflation' phenomenon—rising costs for entertainment, dining out, and experiences—is complicating the Fed's path to its 2% target. With CPI and PCE both ticking up in May, and the 10-year breakeven inflation rate holding above 2.2%, Lucas explains why the Fed can't ignore the shift in consumer spending toward services. They discuss how this 'funflation' is keeping inflation sticky, even as goods prices moderate, and what it means for the Fed's next moves. Luna challenges whether the Fed's framework needs updating to account for changing consumption patterns. A focused look at one of the most under-discussed trends in monetary policy. #Funflation #FederalReserve #Inflation #MonetaryPolicy #CPI #PCE #InterestRates #ConsumerSpending #ServicesInflation #BreakevenRate #FOMC #LucasAndLuna #FexingoBusiness #BusinessPodcast #Economics #FedPolicy #CoreInflation #RateCutDelay Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Lucas and Luna dive into the latest inflation data and how the 'funflation' phenomenon—rising costs for entertainment, dining out, and experiences—is comp…","key_points":[],"chapters":[],"topics":[],"duration_seconds":494,"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-interest-rate-calculus/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-interest-rate-calculus.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}