 World equity markets are mixed today with European markets a little lower and Asian markets a little bit higher. U.S. markets remain quiet once again ahead of the CPI numbers that will be released tomorrow and PPI numbers that come out on Friday. Fed Chairman Powell spoke yesterday to the Senate and will be out before the House today. His comments were generally suggested that a rate cut could still occur this year, but he refused to discuss timing. He did indicate that the labor market has slowed and that labor statistics will be an important factor in this timing.