as the PPI shows inflation under control for now. Let's get straight to CNBC senior economics reporter Steve Leeman with the latest on the economic front, Steve, and some new comments from the president on Fed Chair Powell. In the past hour, yeah, Kelly, Walt, welcoming the lower inflation reports the past two days.Forecasters are still puzzling over the mystery of where and when the tariffs are going to increase and will they show up, if they do at all. Producer prices well under control up just 01 in the ...

Rick Santelli is standing by at the CME. Rick, take it away. Yes, Becky.These are wholesale inflation numbers in the form of the producer price index for the month of May. Up onetenth of a percent on headline. That is very much onetenth less than expectations.But do remember in the rearview mirror, we had the trifecta of negative numbers. We had minus half of 1% last month. That was a very big number, the worst since COVID or I should say the biggest drop.It isn't necessarily bad to see inflation going away ...