meta_pixel
Tapesearch Logo
Log in
CNBC's "Fast Money"

Countdown to the Fed Decision, and TikTok’s CEO Appeals to U.S. Users 3/21/23

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 21 March 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Stocks rallying ahead of tomorrow’s all-important decision from the central bank. Will the Fed raise rates or pause, and have markets gotten too far ahead of themselves ahead of the announcement. Plus, TikTok’s CEO putting out his own viral video ahead of his Congressional testimony later this week. What it means for the social media app and how lawmakers look to regulate it. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Right now and fast, Powell on the clock, the big decision weighing on the Fed

0:06.2

Chief will he or won't he in the message either decision sent to the markets

0:09.8

will debate and dissect that straight ahead. Plus, time ticking for TikTok, the

0:13.5

company's CEO making his own viral video appealing to the 150 million US

0:18.3

users ahead of his testable in Capitol Hill. Does Congress really want to pull the

0:21.9

plug on nap used by more than half the country? And later, an electric search

0:26.1

for the EV makers inside NVIDIA's AIDA and the rate read on housing after

0:30.4

spike in sales ahead of KB's results. I'm Melissa Lee. This is Fast Money

0:34.1

Relived with the Nasak Market site. A full-dust tonight, Bono and I have some

0:37.2

Dan Nath and Guy Dami and Michael Contopolis from Richard Bernstein

0:40.4

advisors. And we start off at the countdown to what could be the most important

0:44.4

Fed meeting of the year. I know we've called the last one. But this one is really

0:50.0

the most important markets rally ahead of tomorrow's decision with the Nasak

0:53.4

leading the gains of 1.6 percent. The S&P climbing back into positive

0:56.9

territory for the month with energy and discretionary names posting the biggest

1:00.5

gains, the Dow up more than 300 points. And take a look at the bank stocks. The

1:04.8

Carey ETF jumping nearly six, both regionals and the money center seeing the

1:08.9

best days since Jan 2021 yields meantime also rocketing higher. The two year

1:13.8

jumping nearly 25 basis points as expectations at the Fed will in fact raise

1:18.6

rates tomorrow rise. A quarter point hike would bring the target rate to its

1:22.3

highest since August 2007. So market truly ready for what we will hear tomorrow.

1:28.4

You know it's amazing about the S&P 500. It's like a banking crisis never

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.