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Transcripts For CNBC Squawk Box 20160525

The cac in france up by better than 1 . Ftse higher as well, 0. 7 . Crude oil prices raiding near sevenmonth highs. Check this out up another 1 to 49. 07. Getting back to 50 a barrel. The gains that came yesterday, showed that u. S. Crude stocks dropped by 5. 1 million barrels. Double than what was expected. Well get the eia figures later today. Lets get you to other big stories. St. Louis fed president jim bullard saying june rate hike isnt set in stone. Arguing that labor data suggests its time to pull the trigger. Obviously, weve tried to be dat datadependent. I dont think theres any reason to prejudge the june meeting. We can wait until we get to the meeting and judge the data there. I think on the issue of press conferences we have made many moves over the years without press conferences so i think we could make a move without a press conference in it this circumstance. As for the risk of brexit and the chance that the uk could vote the uk vote could give the fed some pause, bulla

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