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Marketplace · October 19, 2026 · 25m 26s

Consumer credit creep

Inflation's uneven toll is the through-line of this Marketplace episode: while everyone faces higher prices, lower-income households are increasingly paying for groceries and other basics on credit. The episode also examines what another Fed rate hike could mean for the job market, and how immigration crackdowns have pushed homebuilder confidence to a 14-year low. Other segments cover a farmer caught in a USDA solar grant rule change and the ways political candidates are competing for AI attention.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Preview

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Credit creep: high-cost credit for basic needs
Marketplace reports that credit creep — consumers using credit for more and more transactions — is most visible among lower-income households turning to high-cost credit for everyday basics.
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The Fed's rate decision and the job market
The episode examines what might happen to the job market if the Federal Reserve raises interest rates.

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