The Fed's Quiet New Tool for Inflation Control episode artwork

EPISODE · Aug 1, 2026 · 6 MIN

The Fed's Quiet New Tool for Inflation Control

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

In episode 146 of The Federal Reserve Podcast, Lucas and Luna dig into a shift in how the Federal Reserve under Kevin Warsh is approaching inflation control: the renewed emphasis on the interest on reserve balances (IORB) rate as a precision tool. With the fed funds rate at 3.63% and IORB at 3.65%, the hosts explain why the Fed prefers this fine-tuning mechanism over the broader fed funds target range. They explore the mechanics of how IORB influences bank behavior and market rates, and its role in a divided Fed navigating mixed signals. Tune in to understand a subtle but powerful lever in monetary policy. #FederalReserve #MonetaryPolicy #InterestRates #Inflation #IORB #FedFundsRate #KevinWarsh #Economics #FOMC #Banking #Liquidity #StealthTightening #RateHikes #CentralBanking #Podcast #FexingoBusiness #BusinessPodcast #Finance Keep every episode free: buymeacoffee.com/fexingo

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