{"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 Watching the 10-Year Breakeven Inflation Rate","slug":"why-the-fed-is-watching-the-10-year-breakeven-inflation-rate-2","published_at":"2026-07-11T05:48:50+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-watching-the-10-year-breakeven-inflation-rate-2","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-0107.mp3","audio_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0107.mp3","summary":"The Fed has a favorite inflation signal that markets watch even more closely than CPI or PCE: the 10-year breakeven inflation rate. As of July 10, 2026, that number sits at 2.24 percent, up slightly from 2.23. Lucas and Luna explain what the breakeven rate actually measures, why it's considered a 'cleaner' read on inflation expectations than survey-based data, and what the current level implies about the Fed's next move. They break down the math behind breakevens, the role of the Treasury Inflation-Protected Securities market, and why the Fed pays more attention to this number than to headline CPI prints. Listeners will come away understanding why a 2.24 percent breakeven is neither alarming nor dovish—and why it keeps the Fed in a holding pattern. #FederalReserve #Inflation #BreakevenRate #TIPS #TreasuryYield #MonetaryPolicy #FOMC #CPI #PCE #InterestRates #RealRates #Economics #CentralBanking #BondMarket #InflationExpectations #FexingoBusiness #BusinessPodcast #FedWatch Keep every episode free: buymeacoffee.com/fexingo","meta_description":"The Fed has a favorite inflation signal that markets watch even more closely than CPI or PCE: the 10-year breakeven inflation rate. As of July 10, 2026, t…","key_points":[],"chapters":[],"topics":[],"duration_seconds":423,"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-watching-the-10-year-breakeven-inflation-rate-2/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-watching-the-10-year-breakeven-inflation-rate-2.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}