{"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":"The Fed's Growing Unease About Sticky Wage Inflation","slug":"the-fed-s-growing-unease-about-sticky-wage-inflation","published_at":"2026-06-16T05:32:37+00:00","page_url":"https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/the-fed-s-growing-unease-about-sticky-wage-inflation","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-0055.mp3","audio_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0055.mp3","summary":"With the May CPI print showing a 4.2% annual increase, the Federal Reserve is confronting a persistent source of price pressure that doesn't appear in the headline number: wage inflation. Lucas and Luna dig into the latest Employment Cost Index data and the Atlanta Fed's wage tracker to explain why services inflation remains stubborn even as goods prices cool. They discuss how the Fed is weighing a tight labor market against the risk of an oil-driven recession, and what it means for the timing of rate cuts. Specific numbers include the 3.8% year-over-year wage growth and the 0.9% quarterly ECI increase. The episode also explores the compositional shift in inflation — from goods to services — and why the Fed cannot ignore wage stickiness even as energy costs spike due to geopolitical shocks. #FederalReserve #WageInflation #MonetaryPolicy #ECI #AtlantaFed #CPI #CoreCPI #ServicesInflation #LaborMarket #InterestRates #FOMC #Inflation #WageGrowth #Economy #Economics #BusinessPodcast #FexingoBusiness #Podcast Keep every episode free: buymeacoffee.com/fexingo","meta_description":"With the May CPI print showing a 4.2% annual increase, the Federal Reserve is confronting a persistent source of price pressure that doesn't appear in the…","key_points":[],"chapters":[],"topics":[],"duration_seconds":514,"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/the-fed-s-growing-unease-about-sticky-wage-inflation/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/the-fed-s-growing-unease-about-sticky-wage-inflation.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}