EPISODE · Jun 16, 2026 · 10 MIN
What the Surging Fed Funds Rate Tells Us About 2026
from Macro Tuesdays with Fexingo: Weekly Economic News, Policy, and Market-Moving Data · host Fexingo
The effective Fed funds rate has dipped to 3.63 percent, down from 3.64 percent in May, while the daily rate sits at 3.62 percent. Lucas and Luna examine what this subtle shift means for monetary policy in June 2026, against a backdrop of CPI at 4.2 percent and a yield curve that's steepening. They drill into the interest on reserve balances rate — currently at 3.65 percent — and why the gap between IORB and the funds rate signals whether the Fed is truly in control. The conversation also touches on how the ECB's surprise rate hike and rising wholesale inflation complicate the Fed's path. A must-listen for anyone tracking the real pulse of central bank policy this summer. #FedFundsRate #MonetaryPolicy #FederalReserve #InterestRates #IORB #YieldCurve #CPI #Inflation #ECB #CentralBanking #Economics #Macro #Liquidity #Reserves #FOMC #FexingoBusiness #BusinessPodcast #MacroTuesdays Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
The effective Fed funds rate has dipped to 3.63 percent, down from 3.64 percent in May, while the daily rate sits at 3.62 percent. Lucas and Luna examine what this subtle shift means for monetary policy in June 2026, against a backdrop of CPI at 4.2 percent and a yield curve that's steepening. They drill into the interest on reserve balances rate — currently at 3.65 percent — and why the gap between IORB and the funds rate signals whether the Fed is truly in control. The conversation also touches on how the ECB's surprise rate hike and rising wholesale inflation complicate the Fed's path. A must-listen for anyone tracking the real pulse of central bank policy this summer. #FedFundsRate #MonetaryPolicy #FederalReserve #InterestRates #IORB #YieldCurve #CPI #Inflation #ECB #CentralBanking #Economics #Macro #Liquidity #Reserves #FOMC #FexingoBusiness #BusinessPodcast #MacroTuesdays Keep every episode free: buymeacoffee.com/fexingo
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What the Surging Fed Funds Rate Tells Us About 2026
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