Shows / Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Lucas and Luna examine how central banks shape the economy through money supply and interest rates. Each episode dissects a specific policy move — a rate hike by the Federal Reserve, a quantitative easing program by the ECB, or a reserve requirement change by the People's Bank of China — and traces its impact on inflation, employment, and financial markets. Lucas brings the macroeconomic framework, citing exact data points from recent central bank statements and academic research. Luna pushes…
Episodes
Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest RatesHow Central Banks Use Tiered Reserve Remuneration
In Episode 49 of Monetary Policy Explained with Fexingo, Lucas and Luna dig into tiered reserve remuneration—a tool central banks use to encourage lending…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Credit Easing to Target Specific Markets
In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna explore credit easing—a targeted form of quantitative easing where central banks buy…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Reserve Requirements as a Policy Tool
In Episode 47 of Monetary Policy Explained with Fexingo, Lucas and Luna dive into the often-overlooked tool of reserve requirements. Once a cornerstone of…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Average Inflation Targeting
Episode 46 of Monetary Policy Explained with Fexingo dives into average inflation targeting — the framework adopted by the Federal Reserve in 2020 and still…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Inflation Targeting Bands
Most people think central banks target a single inflation number like 2 percent. In practice, many of the world's most influential central banks—including…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Countercyclical Capital Buffers
Episode 44 of Monetary Policy Explained unpacks the countercyclical capital buffer (CCyB), a macroprudential tool that central banks use to cool credit markets…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Set Policy Amid Global Uncertainty
In this episode, Lucas and Luna break down how central banks are navigating a period of high uncertainty in mid-2026. They focus on the Bank of Japan's…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Set Interest Rates on Reserves
In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna break down the mechanics of how central banks actually set the interest rate they pay…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Loan-to-Value Caps to Cool Housing Markets
Episode 41 of Monetary Policy Explained with Fexingo. Lucas and Luna dive into loan-to-value (LTV) caps—a targeted macroprudential tool central banks use to…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Currency Swap Lines
In this episode of Monetary Policy Explained, Lucas and Luna dive into the mechanics and real-world impact of central bank currency swap lines. Using the 2020…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Target Specific Lending Channels
Episode 39 of Monetary Policy Explained with Fexingo dives into a lesser-known tool in central bankers' kit: targeted lending programs. Instead of cutting…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Are Using CBDCs for Monetary Policy
Episode 38 of Monetary Policy Explained dives into central bank digital currencies (CBDCs) as a fresh policy tool. Lucas and Luna explore how CBDCs could…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Helicopter Money Without Dropping It
In episode 37 of Monetary Policy Explained, Lucas and Luna unpack the most controversial central bank tool that almost never gets used: direct money transfers…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Negative Interest Rates
Episode 36 of Monetary Policy Explained dives into negative interest rates – a policy that flips conventional banking on its head. Lucas and Luna examine the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Are Using Tiered Reserve Systems
Episode 35 of Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates takes you inside the central bank toolkit for tiered…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Are Turning to Loan-to-Value Caps
When central banks want to cool a housing bubble without raising interest rates, they reach for a tool called the loan-to-value cap. In this episode, Lucas and…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Operation Twist to Shape the Yield Curve
In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna dive into Operation Twist, a lesser-known but powerful tool central banks use to…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Steer the Yield Curve Without Rate Hikes
Episode 32 of Monetary Policy Explained digs into a quiet but powerful central bank tool: yield curve control. Lucas and Luna explore how the Bank of Japan has…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Standing Facilities to Control Short-Term Rates
Episode 31 of Monetary Policy Explained with Fexingo drills into standing facilities—the lending and deposit windows that keep short-term interest rates within…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage Inflation Expectations Without Moving Rates
Episode 30 of Monetary Policy Explained with Fexingo. Lucas and Luna explore how central banks influence inflation and economic behavior through expectations…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Influence Mortgage Rates Beyond the Policy Rate
Episode 29 of Monetary Policy Explained uncovers the less visible channel through which central banks shape mortgage rates: the term premium on long-term…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Forward Guidance as a Policy Tool
Episode 28 of Monetary Policy Explained with Fexingo examines forward guidance—central banks' strategy of communicating future policy intentions to shape…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Credit Easing to Target Specific Markets
In Episode 27 of Monetary Policy Explained with Fexingo, Lucas and Luna break down credit easing — a lesser-known but powerful central bank tool that targets…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Coordinate Policy Across Borders
Episode 26 of Monetary Policy Explained explores a rarely discussed facet of central banking: international policy coordination. Lucas and Luna examine the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Reserve Requirements as a Policy Tool
In Episode 25 of Monetary Policy Explained with Fexingo, Lucas and Luna dive into the central bank tool that doesn't get enough airtime: reserve…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage the Trilemma of Exchange Rates
Lucas and Luna dive into the impossible trinity, also known as the trilemma of international finance. Using the case of the Swiss National Bank in 2015, when…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Are Buying Government Bonds Again
In this episode, Lucas and Luna explore the quiet resurgence of bond purchases by central banks in 2026. After years of quantitative tightening, several major…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Moral Suasion
Episode 22 of Monetary Policy Explained with Fexingo. Lucas and Luna drill into one of central banking's oldest and least-understood tools: moral suasion…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Stress Test Their Own Balance Sheets
When commercial banks undergo stress tests, everyone watches. But central banks also run stress tests on themselves—examining what happens to their own balance…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Hunt Financial Contagion
When a mid-sized European bank wobbled in early 2026, the European Central Bank didn't cut rates or lend directly. Instead, it deployed a rarely used…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Set Inflation Forecasts and Why They Get Them Wrong
Central banks publish inflation forecasts every quarter, and they are almost always wrong. But that doesn't mean they are useless. In this episode, Lucas…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Wield Emergency Lending Powers
In this episode of Monetary Policy Explained, Lucas and Luna explore the lender-of-last-resort function of central banks, focusing on the Federal…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Design Digital Currencies for the Public
In this episode, Lucas and Luna explore how central banks are designing digital currencies for everyday use. They unpack the Bank of England's 2025…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Communicate Through Minutes and Speeches
Episode 16 of 'Monetary Policy Explained with Fexingo' digs into the art of central-bank communication. Lucas and Luna explore how the Federal…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Are Building Real-Time Payment Systems
This episode of Monetary Policy Explained examines the quiet revolution in central bank payment infrastructure. Lucas and Luna explore how the Federal…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Are Buying Gold Again
Central banks around the world have been net buyers of gold for fifteen straight years, but the pace accelerated dramatically in 2022 and hasn't let up…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage Currency Pegs Without Breaking Them
Episode 13 of Monetary Policy Explained with Fexingo dives into the mechanics of currency pegs. Lucas and Luna examine the Hong Kong dollar's 43-year link…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks React to Political Pressure
Episode 12 of Monetary Policy Explained with Fexingo dives into a rarely discussed but critical dynamic: how central banks handle political pressure. Using the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Foreign Exchange Intervention
Episode 11 of Monetary Policy Explained with Fexingo digs into foreign exchange intervention — when central banks directly buy or sell their currency to…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Learn From Their Own Policy Mistakes
Central banks in advanced economies have spent the last two decades making policy errors — and then systematically studying them. In this episode, Lucas and…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Quantitative Tightening Without Breaking Markets
Episode 9 of Monetary Policy Explained with Fexingo: Lucas and Luna dive into quantitative tightening — the process central banks use to shrink their balance…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Set Negative Interest Rates
When central banks push policy rates below zero, it flips conventional banking logic on its head. In this episode, Lucas and Luna explore how negative interest…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use the Yield Curve as a Policy Tool
Episode 7 of Monetary Policy Explained with Fexingo digs into the yield curve—not the inverted one you keep hearing about, but how central banks actually use…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Inflation Targeting to Anchor Expectations
Episode 6 of Monetary Policy Explained with Fexingo dives into inflation targeting — the framework adopted by central banks worldwide to anchor expectations…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Coordinate with Each Other
In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna explore why central banks coordinate their policy moves with other central banks…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Bank Reserves Became a Policy Tool
Episode 4 of Monetary Policy Explained digs into a subtle but powerful shift: how central banks stopped treating bank reserves as a passive byproduct of…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Still Care About the Money Supply
Episode 3 of Monetary Policy Explained with Fexingo tackles a surprisingly controversial question: does the money supply still matter? After decades of…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How the Fed Actually Sets Interest Rates
In this episode, Lucas and Luna drill into the mechanics of how the Federal Reserve sets its benchmark interest rate — the federal funds rate — and why it…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why the ECB Cut Rates Again and What It Means
On May 19, 2026, the European Central Bank cut its deposit rate by 25 basis points to 2.00%, the fourth cut this year. Lucas and Luna break down why the ECB is…