Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Keeps a Window Open to Rate Hikes
The Fed's benchmark rate has been parked at 3.63 percent since July, but the July CPI report shows inflation at 3.4 percent, while the ten-year breakeven rate dipped to 2.27. In this episode, Lucas and Luna dig into the Fed's subtle signals that it hasn't closed the door to another hike—even as markets assume the next move is a cut. They discuss the central bank's language around 'adjustments' versus 'cuts,' why the two-year yield's recent rise complicates the narrative, and what the budget deficit's July surge means for Treasury supply. With…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.