Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
The Fed's New Problem With Sticky Services Inflation
As October 25, 2026 arrives with the ten-year Treasury yield hovering near five percent and CPI edging up to 336.3, the Federal Reserve faces a stubborn new enemy: services inflation that refuses to cool like goods prices did. Lucas and Luna break down why the September data shows core PCE holding at 130.5 while jobless claims hit historic lows, creating a policy trap where cutting rates risks reigniting price pressures. They examine the specific mechanics of shelter costs and healthcare pricing that are keeping the FOMC on hold, arguing that the soft landing narrative is being tested by a…
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