{"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 Breakeven Rate Spread Now","slug":"why-the-fed-is-watching-the-breakeven-rate-spread-now","published_at":"2026-07-14T05:38:45+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-breakeven-rate-spread-now","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-0113.mp3","audio_url":"https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0113.mp3","summary":"Episode 113 of The Federal Reserve Podcast with Fexingo. Lucas and Luna drill into a specific signal the Fed is watching closely in July 2026: the spread between the 2-year and 10-year breakeven inflation rates. With the 2-year breakeven at 2.26% and the 10-year at 2.26%, the flat term structure of inflation expectations is unusual historically. They explore what this means for Fed credibility, the risk of de-anchoring, and why the flatness matters more than the level alone. Anchored to current data: CPI at 334.0, core CPI at 336.1, and the 10-year breakeven rising to 2.26% from 2.24%. No previous episode covered the breakeven spread. Approximately 9 minutes. #FederalReserve #BreakevenInflation #InflationExpectations #MonetaryPolicy #FOMC #CPI #CoreCPI #TenYearBreakeven #TwoYearBreakeven #InflationTermStructure #FedCredibility #DeAnchoring #Economics #Macro #CentralBanking #FexingoBusiness #BusinessPodcast #RateOutlook Keep every episode free: buymeacoffee.com/fexingo","meta_description":"Episode 113 of The Federal Reserve Podcast with Fexingo. Lucas and Luna drill into a specific signal the Fed is watching closely in July 2026: the spread…","key_points":[],"chapters":[],"topics":[],"duration_seconds":506,"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-breakeven-rate-spread-now/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-breakeven-rate-spread-now.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}