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Transcripts For CNBC Squawk Box 20160606

Last couple of weeks. It just is a way of acknowledging the lousy jobs report. This is the last time well hear from the fed chair before the Central Banks media blackout takes affect in front of the rate decision. By every count, a rate hike is practically off the table for the month of june based on the 38,000 jobs print we got, which is so far below expectations. It is now winning in the polls, the brexit, but its a roach motel. They are so stuck. But you werent here on friday. So were talking youve heard over and over, i just experts, i just dont see how my life is not going to matter whether it is june or july, so it doesnt matter to me when they raise, whether it is june or july, all the experts say june or july. And we were making the point, between june or july or between now and june, there are so many things that can happen, whether it is a terrorist attack, a brexit, cyprus, greece, if you are going to monitor every single thing that happens in the world, the fed is always go

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