Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
The Fed Holds at 364 as Bond Market Tests Kevin Warsh
Episode 3 of The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy. As Kevin Warsh prepares to be sworn in as Fed chair on Friday, the bond market is already sending a clear signal. Lucas and Luna break down the economic data—CPI at 332.4, core PCE at 129.3, and the ten-year breakeven inflation rate sliding to 2.44 percent—and explain why the Fed's effective rate of 3.64 percent might not be enough to satisfy the so-called 'bond vigilantes.' They explore the history of the term, from the 1990s to today, and examine how a new chair inherits…
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