{"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":"Why the Fed Is Losing Its Best Inflation Signal","slug":"why-the-fed-is-losing-its-best-inflation-signal","published_at":"2026-07-08T08:07:26+00:00","page_url":"https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/why-the-fed-is-losing-its-best-inflation-signal","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-0101.mp3","audio_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0101.mp3","summary":"The Federal Reserve has long relied on core PCE inflation as its primary compass for rate decisions. But Lucas and Luna unpack a growing problem: the core PCE index has been rising for five straight months even as headline inflation moderates, a divergence that hasn't happened since the 1970s. They explain why core PCE is now being distorted by shelter costs that lag reality and by volatile services prices that don't reflect demand. With the ten-year breakeven inflation rate ticking up to 2.25 percent and market-implied inflation expectations creeping higher, the Fed faces a dilemma: ignore its own preferred gauge or risk overtightening. This episode walks through the data mechanics behind the confusion and what it means for the rate path through year-end. A must-listen for anyone trying to decode the Fed's next move. #Fed #FederalReserve #CorePCE #Inflation #MonetaryPolicy #InterestRates #FOMC #ShelterCosts #ServicesInflation #BreakevenRate #TenYearTreasury #Macro #Economics #Business #Finance #FexingoBusiness #BusinessPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo","meta_description":"The Federal Reserve has long relied on core PCE inflation as its primary compass for rate decisions. But Lucas and Luna unpack a growing problem: the core…","key_points":[],"chapters":[],"topics":[],"duration_seconds":589,"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/why-the-fed-is-losing-its-best-inflation-signal/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/why-the-fed-is-losing-its-best-inflation-signal.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}