Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
What the Fed Makes of Sticky Core Services Inflation
Episode 35 of The Federal Reserve Podcast with Fexingo. Lucas and Luna drill into core services excluding housing — the inflation component the Fed’s own research says is most tied to the labor market. With CPI core rising to 335.4 and the 10-year breakeven stuck at 2.36, they explore why the Fed is watching wage growth in low-productivity service sectors, how the May jobs report will shape the June FOMC decision, and why the recent equity sell-off (Nasdaq down 5.1% in five days) hasn’t changed the Fed’s calculus. No hot takes — just the specific data points the Fed is actually discussing…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.