and we'll speak with esther george.begins right now. >>> good morning and welcome to "squawk box" here on cnbc, live from the nasdaq market site in times square. eye joe kernen, along with becky quick and andrew ross sorkin. the market since the beginning of the show we were green across the board, just fractionally in the dow and now the dow is down about 50, nasdaq is down about 57 points. it was a rough session on friday, which followed a really good session after the cpi and ppi were both in. >> plus it's raining today in new york. >> and it's monday and it's september. you know, it's coming up, i think fall is coming like any day, isn't it, three days, something like that? it felt like fall over the weekend a little bit. there's the 10-year. we'll talk about that and the 2-year is above 5 now. oil continues to be on people's radar screens, about 91. that's the question, is it the high end of a range of 70 to 90 or is it on the way to 100? i wouldn't be surprised if either at this point. >> ford and jeep maker will

for now we've got esther george on things these guys look at before pulling the right trigger and how this time and otto strike in which workers are turning down 20% wage hike with the inflation. hope you enjoy the ride. welcome, and and what matters, for that, the -- >> they are going to pause that there is no one certain to goo and tailwind of lowering the savings in july, taylor swift, barbie maney and other things. and ice bounce in july it even though we see potential acceleration in growth, looking at reacceleration of inflation, a lot of risks, you noted a couple of them, united auto workers strike, potential government shutdown if they can't make a deal and technicals are starting to roll over. it really matters how the statement changes about what they could do in november and if the dot plot changes, where the target rate is, it is over 5% now but how does that change going into the future? neil: if they don't move at this meeting, don't know if you confer with francis on that but what do you think? >> i concur with what francis just said, the likelihood they might raise rat