Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Is Stuck at 364 While Inflation Creeps Higher
In this episode of The Federal Reserve Podcast, Lucas and Luna dig into the puzzle of the Fed holding its policy rate at 3.64 percent while both CPI and core CPI ticked up in April. They explore what that 0.3 percent monthly core CPI increase means for the Fed's credibility, how the bond market is signaling via the two-year Treasury yield hovering at 3.59 percent, and why the 10-year breakeven inflation rate moving to 2.40 percent suggests traders aren't buying the 'transitory' narrative anymore. They also touch on how the consumer sentiment record low from last week ties…
The skinny
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