Small firms cross their fingers for a rate cut

This episode of Marketplace covers recent economic news, including inflation, consumer sentiment, and the potential impact of tariffs. The discussion includes the latest CPI and PPI data, with concerns raised about rising consumer prices and the Federal Reserve's response. The conversation explores the challenges faced by small-cap companies due to higher interest rates and the potential effects of Fed rate cuts. Additionally, the podcast examines how companies are passing tariff costs onto consumers, impacting consumer behavior and the upcoming holiday season. The episode also touches on the increasing prevalence of strong scents in everyday products and a slowdown in residential construction in suburban Texas due to various economic and policy factors.