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Marketplace Morning Report

You've heard of grass-fed beef. How about seaweed-fed beef?

Marketplace Morning Report

Marketplace

Business, News

4.5927 Ratings

🗓️ 29 October 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Researchers figure livestock herds contribute between 12% and 20% of the world's greenhouse gas emissions. That's mostly methane from the digestive process. But a study from UC Davis finds that, when fed seaweed early on, cattle’s microbiome can be altered, reducing the amount of methane emissions. But first, the Federal Reserve is expected to cut interest rates by a quarter of a percentage point — though they have limited data to go off of.

Transcript

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0:00.0

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0:31.3

Meat plus dairy equals cattle equals greenhouse gas.

0:36.2

I'm David Brancaccio in Los Angeles. First in four hours, we'll pop some

0:40.3

popcorn and wait for the bulletin revealing what central bankers are going to do with interest rates.

0:45.3

Economist David Kelly is chief global strategist at J.P. Morgan Funds. And he joins us now for more.

0:50.9

Good morning. Good morning. Were we fixing for maybe a little cut in interest rates?

0:55.8

Is that what you thinking? Yeah, I think that's very likely. One of the problems the Federal Reserve has is they don't have any government data like the rest of us. So they are kind of dancing in the dark here. But I think they've signaled they're going to cut rates by one quarter of a percent. I think they'll go ahead and do that. I mean, they're not flying completely blind. It's a little like a pilot in bad weather. You may not be able to see out because of the clouds, but they have some instruments from the private sector. That's right. They've got a fair amount of private sector data, and they've got their own models. And so they know more or less what's going to happen in terms of tariffs feeding through to some higher inflation.

1:28.0

I think they can see the effect of the government shut down a little bit.

1:31.4

They've got, of course, all these reports from the regional federal reserves, the beige book,

1:35.0

they call it, talking about local conditions.

1:36.9

So I think they realize the economy is soft.

1:39.8

It's not really in trouble here, not really threatened by recession, but inflation is not skyrocketing

1:45.7

here, and they're under a lot of pressure to cut rates, and I think they will cut rates.

1:50.1

Yeah, I mean, there are signs of softness. There are reports that Amazon has some significant

...

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