Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Is Watching the European Yield Curve
Episode 19 of The Federal Reserve Podcast with Fexingo. Lucas and Luna examine why the Federal Reserve is closely monitoring the widening spread between German and Italian bond yields. With the ECB vowing to do 'what is necessary' to tame inflation, the risk of fragmentation in European sovereign debt markets could spill over to U.S. financial conditions. Lucas explains how the ECB's Transmission Protection Instrument (TPI) works and why Fed Chair Kevin Warsh may be more focused on Frankfurt than on Washington right now. The hosts also discuss what the 10-year breakeven…
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