Is the Rally Behind Us? And Did Biden’s Latest Blunder Derail Progress With China? 6/21/23
CNBC's "Fast Money"
00:00
Introduction
The Nasdaq saw its worst day in two weeks. Jerome Powell warned that the central bank has a, quote, long way to go to fight inflation signaling there are more rate hikes than stores. What impact will this off-the-cuff comment have on the US-Beijing relationship? The cryptocurrency is surging back above 30,000, jumping nearly 15 percent in just the last two days.
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Transcript
