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Powell and a Big Market Week, China's Cautious Growth Target, Tesla Cuts Auto Prices ... Again. 3/6/23

Squawk on the Street

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Introduction

CNBC's Squawk on the Street is brought to you by Progressive, where drivers who save by switching to Progressive save nearly $700 on average. Mary Daly sounding a clear warning on the inflationary threat as investors await Powell's testimony in the latest read on Jobs. China gets cautious Beijing announcing its lowest economic growth target in a quarter century. Tesla cuts prices again. This time it's on its top selling US cars. That is the fifth cut in prices this year.

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