Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
The Fed's Quiet Watch on the UK Economy's Shrinkage
In episode 49 of The Federal Reserve Podcast, Lucas and Luna drill into a single, surprising data point: the UK economy shrank 0.1 percent in April, even as global energy prices surged and the ECB hiked rates for the first time since 2023. They explore why the Fed is quietly watching this—not out of sympathy for Britain, but because UK inflation expectations often lead US ones by about six months. With the US 10-year breakeven inflation rate creeping up to 2.31 percent and the Fed funds rate stuck at 3.62 percent, the hosts ask whether the UK's contraction could be a harbinger of a…
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