Marketplace · Friday, July 24, 2026
The podcast discusses the expectation of rising consumer and business loan rates, even as the Federal Reserve has held its rates steady. This is attributed to factors like persistent inflation and banks potentially needing to pay more interest to depositors, which would translate to higher loan rates for customers.
“But Duncan says he thinks they're headed up.”
“And I think that's getting forced by inflation and all the factors that the Federal Open Market Committee has to take into consideration.”
“Another reason that business loan rates could rise is because banks might have to start paying more interest to depositors. So when the higher those deposit costs are going to be, the higher the loan rates are going to be for small business customers.”