THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. DEBORAH MARCHINI, CNN ANCHOR: On the economic calendar today, a government report that should further ease worries about inflation. Wholesale prices for July come out at 8:30 Eastern. Economists think a drop in energy prices will bring the producer price index down by 3 tenths of a percent. Take out those volatile food and energy prices and the so-called core rate is likely to be up just 1 tenth of 1 percent, the same very modest rate as in June. Well with a look at the inflation scenario and what it might mean for interest rates in the U.S., I'm joined by Maria Ramirez, international economist at Maria Fiorini Ramirez. Nice to have you with us this morning.</s>MARIA RAMIREZ, INTERNATIONAL ECONOMIST, MARIA FIORINI RAMIREZ: Nice to be with you, Debbie (ph).</s>MARCHINI: Thanks for being here. Inflation simply not a problem?</s>RAMIREZ: I think that as the economy</s>MARCHINI: All right, which is probably raise -- lower interest rates. Maria Ramirez, just sit tight, we'll talk with you just again in a couple minutes' time. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Wholesale Prices Expected to Ease Inflation Worries