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Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20170614

At 10 00, we will get weekly crude inventory numbers from the u. S. Which are expected to drop. At 2 00, it will be the fed decision followed by Janet Yellens press conference 30 minutes later. We will bring you live coverage starting at 1 00 p. M. Today. First, we want to give you a preview of that decision. And so, we turn to mike mckee in washington. Mike, there is not much suspense on what they are going to do on the rate. What are we looking for . Mike it sounds like a cliche, but it is about what they do and not what they say. We will look at the soft patch to see why they need they feel the need to raise rates anyway. What are they going to say about unemployment . It is now below where they were projected in march. The cpi numbers could be very important, because they have to explain what is going on with inflation which has dropped off significantly. Is it going to continue to drop . If so, why do they think so . This all has to do with what wall street takes as its forecast.

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