Carl Quintanilla, Jim Cramer and David Faber explored market volatility one day after comments by Fed Chair Jerome Powell sparked a rally on Wall Street. During testimony on Capitol Hill, Powell said the Fed is not on "autopilot" and that he is "inclined to support" a 25 basis point rate hike in March. David interviewed Citi CEO Jane Fraser in a "CNBC Exclusive," discussing the company's strategic bets, the U.S. consumer and "managing down" exposure to Russia. Also in focus: Shares of Snowflake tumbled in reaction to the cloud company's weaker-than-expected outlook, Best Buy jumps despite a quarterly sales miss,
plus the "Putin effect" on oil prices and stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Squawk on the Street