Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
How the Fed Reads the Rising Participation Rate
In Episode 105 of The Federal Reserve Podcast with Fexingo, Lucas and Luna explore a surprising development: after years of decline, the labor force participation rate is starting to tick up. They examine what this means for the Fed's inflation fight, how it affects the Phillips curve, and why a rising participation rate could delay rate cuts. Using the latest data from June 2026—including a payrolls miss of 57,000 and a participation rate that's still near historic lows—the hosts break down the Fed's dilemma: a tighter labor market could mean higher rates for longer, but a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.