S&P as we've noted, is less than 1% from an all time high. Joining us now Carol Schleiff, BMO, BMO Private Wealth Chief Market Strategist the. Carol, it's good to see you the way the way that the journal I like summarized what Powell told lawmakers yesterday.It's kind of indicative of I think what we're talking about, he said, yeah, recent economic data would have likely justified some cuts, good cuts, I think because of inflation, not necessarily for because of bad reasons for weakness. However, higher tar ...

morning. Thank you for joining us. Michael.If you don't mind, I'm going to begin with you. What do you just make of that social media post from the president over the weekend calling or kind of talking about potential regime change in Iran. And also based on reports, how effective do you think these U.S. Strikes really were.>> Well, thanks for having me on. Look, the effectiveness of the strikes, to take your second question first, I think remains to be seen from what we saw from the Pentagon. It seems as t ...

Welcome back uh to Squawkbox. Let's check the futures right now. Not a lot happening.A little bit of red across the board. Join us now with more on the markets. Bill Nyigan, Oakmark Funds uh portfolio manager.Sorry, I'm a creature of habit. I cannot intro you without mentioning that you were talking to Mark Haynes uh when the first plane hit and and um that's right. I was in the studio in Chicago uh talking about cable TV stocks or something like that and I said how long did you did they say just we we'll b ...

We've had the decision from the MPC to keep interest rates unchanged by a margin of 6 to 3, a bit closer than some had expected. Just take us through the thinking there. So we decided to hold rates at 4.25%.Today, we have been able to cut rates four times over the last year. But given the uncertainty facing the economy, we decided to hold at this event. And one of those uncertainties, of course, are the unfolding events in the Middle East and the impact that could have on the oil price.At what point would t ...

Stagflation is the combination of slow economic growth, high unemployment, and a high rate of inflation. https://t.co/3Zw5KSj7Vn ...

As we head into the close, let's bring in vital knowledge founder Adam Christophi. Adam, uh, great to have you on here. You know, this the market has been in a big picture way kind of hesitating here for a little while.What's your read on what we're contending with and, uh, you know, whether we're refreshing this move higher or it's looking vulnerable. I think it's definitely looking vulnerable. Even before the events in the Middle East, there are just so much risk on the horizon.Um, and we have valuations ...

All right, the Fed's two-day policy meeting kicks off today. Senior economics reporter Steve Leeman joins us right now. He's got the CNBC latest Fed survey. Steve, what's it show? Well, Becky, despite and good morning. Despite improvement in the economic outlook, respondents to the Fed survey continue to forecast weaker growth and higher inflation than they did at the beginning of the year and still elevated tariff uncertainty. 100% say the Fed will keep rates unchanged at this meeting. Uh the recession pro ...

K. Thank you. That's NBC's Kier Simmons.You bet. Joining us now, Goldman Sachs of Vice Chairman Rob Kaplan, who is former Dallas Sed president. And you know what we're going to talk about.Obviously, we're CPI, PPI, things like that. Uh Rob, but uh at this point uh we have um uh obviously been sort of upended uh by what happened in the last 24 hours or so. Does it change anything for for as far as the Fed's calculus goes.Um I think the market reaction there's a market reaction obviously in oil. You see gold ...

Economists say that President Trump's big, beautiful tax bill comes with a $3 trillion price tag over the next few months. But the White House says the opposite is true. So here to break down the disconnect, we've got Washington correspondent for Yahoo Finance, Ben Worshko.Ben, what have you been able to dig into with the details here. Yeah. Yeah, Brad.So this is a divide that we've seen between the White House and independent economist. Treasury Secretary Besson was on Capitol Hill yesterday and you saw th ...

Inflation data on the agenda today, this time at the producer level. May PPI is due in just over two hours time. For more insights on inflation in the economy ahead of the Fed's policy meeting next week, we want to bring in Ian Shepardson.He's chairman and editor and chief of Pantheon Macroeconomics. And Ian, the weaker than expected inflation numbers yesterday once again. Look, what what does this mean.that the tariffs are not going to be nearly as inflationary as people thought or there's a longer delay b ...