Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
What the Fed Funds Rate Teaches Us About Everything
The federal funds rate is the single most important number in finance, yet most people misunderstand what it actually controls. In this episode, Lucas and Luna break down how the current 3.63 percent effective rate connects to the broader economy, why it's not a direct lever on mortgage rates or credit cards, and what the flat rate since June tells us about the Fed's strategy. They use the recent 10-year yield move to 4.65 percent and the decline in CPI to explain how the funds rate shapes expectations more than transactions. A concrete primer on the rate that governs all others…
The skinny
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