Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Is Watching the Iran War Energy Spike
The Iran conflict has pushed average US household energy costs up by $450 a year, and the Fed is taking notice. In this episode of The Federal Reserve Podcast, Lucas and Luna examine how the war-driven energy inflation complicates the Fed's rate path. With core PCE at 3.3% and the fed funds rate stuck at 3.64, energy has become the wildcard. We discuss why Chicago Fed President Goolsbee flagged persistent energy inflation, why Minneapolis Fed's Kashkari is prioritizing the inflation fight over labor market concerns, and how the 10-year breakeven inflation rate—which dipped to…
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