this is squawk on the street. i m mark haines. and i m erin burnett, and we re wearing pink. yes, and you have no excuse with a name like erin burnett. i mean, this is your shirt looks almost white, but viewers, let me assure you, it is pink. front and center, right now producer prices. yeah, big number. it was a big number. it came in lower than expected for the month of february, i believe the lowest in what, seven months? a long time. yeah. labor department says prices fell 0.6%. that s after a 1.4% jump in january. that s the headline number. the core number, taking out food and energy, up 0.1%. futures really didn t react much to that number, up 2.70 right now. and as you can see, that s good for about a 20-point gain on the dow at the open. and front and center, big news on the volcker rule, plus the banking battle in washington. it heats up yet again today. senior economics reporter steve liesman has key information on both this morning, and of co