Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
How the Fed Reads Import Price Surprises in July 2026
Episode 133 of The Federal Reserve Podcast with Fexingo. Lucas and Luna unpack the surprise jump in import prices reported July 17, 2026, when costs of goods from China hit their highest since 2008. They examine how the Fed's preferred core PCE measures—core PCE at 130.1 in May, up from 129.67—may be distorted by this spike, and what it means for the rate path with the fed funds rate flat at 3.63 percent. The hosts discuss Kevin Warsh's recent phrases, the ten-year breakeven at 2.28, and whether the Fed can look through tariff-driven inflation. A focused look at the data nuance…
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