Podcast

Monetary Blog | FOMC Insight Engine

Investigations into Federal Reserve policy, tested against 90 years of archival documents.

Download on the App Store

Already have it? Open in the app

Latest episodes

  1. The Supplement: Arthur Burns tells Los Angeles that his instruments cannot reach this inflation, and names the ones that should stand beside them9 Aug 2026
  2. The Slate: The Inference traced a rate cut timed for December, waiting on a supply-side finding the new task forces were to certify by year-end. On July 9 the Federal Reserve named the people who will certify it. Read against what each has spent a decade concluding, the roster is the finding.10 Jul 2026
  3. The Inference: The first meeting under the new chair installed the framework the series predicted — and set the schedule that delivers the cut.18 Jun 2026
  4. The Game: The program has been announced. The implementation has begun. The chair does not need to win a majority for a standalone cut on the merits of incoming inflation data, because he has changed what the committee will be voting on.22 May 2026
  5. The Analogue: Why the doctrine that has held since 2008 was built for the cases where oil rose and fell.2 May 2026
  6. The Dollar: The fifth pillar the doctrine does not name is the institution's most documented operational commitment.26 Apr 2026
  7. The Test: The roadmap maps four pillars and depends on five. The fifth is the one the doctrine does not name.25 Apr 2026
  8. The Coordination: The axis authorizes four instruments. The balance sheet requires a fifth. The seat that holds the fifth is not in the axis.24 Apr 2026
  9. The Axis: Three actors, one architecture, and the coordination register that debuted within twenty-four hours of the hearing23 Apr 2026
  10. The Pillars: A restorationist program, its architecture, and the two readings of how it arrived21 Apr 2026