Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Is Watching the Ten-Year Breakeven Rate Now
The ten-year breakeven inflation rate edged up to 2.28 percent on July 22, 2026, even as core CPI and PCE data show disinflation. Lucas and Luna unpack why the Federal Reserve is increasingly focused on this market-based measure — not the backward-looking CPI or PCE — as a real-time signal of inflation expectations. They explain how breakevens work, why a rising breakeven alongside falling core inflation is a puzzle the FOMC can't ignore, and what it means for the rate path ahead. Anchored to current data and recent Fed commentary, this episode gives listeners a concrete lens for…
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