Fed in Focus, TikTok CEO Grilled on the Hill, Hindenburg Shorts Block 3/23/23
Squawk on the Street
00:00
Introduction
Tim Kramer: Fed Chair Powell said the recent failure of a couple of regional banks could cause ripple effects that slow down the economy. He says market reaction absolutely net dovers, dollar cracked pretty hard. But basically saying, as you mentioned, some additional firming might be necessary was much more muted than what they've previously said. Tim adds TikTok CEO is headed to the Hill, testifying before Congress over his app's security concerns.
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Transcript
