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Marketplace · October 28, 2026 · 25m

Fed holds rates, but a future hike is pretty inevitable

The Federal Reserve held interest rates steady just below 4 percent this week, and Marketplace examines what the wait-and-see decision means for banks and businesses looking to borrow. The episode spans the economy: a Costco visit decodes toilet paper as a consumer spending indicator, and a day-in-the-life follows a Wyoming cattle brand inspector. Additional stories track how student loans have shaped one family's economy and how copper wire stripping became a TikTok money-maker.

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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Federal Reserve Holds Rates Steady
The Federal Reserve voted to keep interest rates steady at just below 4 percent, taking a wait-and-see approach to elevated inflation.
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Lending Grows More Fraught as Rates Rise
A story in the episode reports that rising interest rates are making lending increasingly fraught for businesses and banks.

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