The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy

The yield curve has been inverted for over two years — the longest stretch since the 1970s. Lucas and Luna dig into what this inverted curve actually means for the economy in May 2026, with the Fed holding at 3.64 percent and inflation still sticky. They break down the gap between the 2-year and 10-year Treasury, now about 30 basis points, and why this indicator hasn't triggered a recession yet. T...

Episode 6 of The Federal Reserve Podcast with Fexingo zooms in on the Russell 2000, which surged 3.4% in the past week even as the Fed keeps rates at 3.64%. Hosts Lucas and Luna explore why small-cap stocks are outperforming the S&P 500, what the bond market's reaction tells us about economic expectations, and whether this rally can survive a consumer sentiment at a record low. They also touch on...

In this episode of The Federal Reserve Podcast, Lucas and Luna examine the stunning collapse in consumer sentiment to a fresh record low in May 2026, driven by the Iran war and soaring inflation expectations. They break down the latest data—CPI at 332.4, core CPI at 335.4, and the 10-year breakeven inflation rate dipping to 2.39%—and discuss what this means for new Fed Chair Kevin Warsh. With the...

In this episode of The Federal Reserve Podcast with Fexingo, Lucas and Luna examine the market dynamics shaping Kevin Warsh's first week as Fed chair. The ten-year Treasury yield sits at 4.59 percent, the five-year at 4.26 percent—a steep curve that signals bond vigilantes are watching every move. With core CPI ticking up to 335.4 and the 10-year breakeven inflation rate dipping to 2.39 percent, t...

Episode 3 of The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy. As Kevin Warsh prepares to be sworn in as Fed chair on Friday, the bond market is already sending a clear signal. Lucas and Luna break down the economic data—CPI at 332.4, core PCE at 129.3, and the ten-year breakeven inflation rate sliding to 2.44 percent—and explain why the Fed's effective...

When Ed Yardeni says the bond vigilantes will force the Fed to hike rates in July, markets listen. In this episode, Lucas and Luna unpack the mechanics behind the recent sell-off in longer-dated Treasuries, the 4.57 percent ten-year yield that has traders rethinking the path of monetary policy, and what incoming Fed Chair Kevin Warsh inherits from a fixed-income market that is increasingly calling...

On May 19, 2026, Kevin Warsh prepares to be sworn in as Federal Reserve chair on Friday, inheriting a central bank under siege from bond vigilantes. With the ten-year Treasury yield at 4.66 percent, up 4.1 percent in just five days, and inflation projected to hit 6 percent in Q2, markets are pricing in a rate hike as early as July. Lucas and Luna break down what Warsh's appointment means for monet...