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Transcripts For CNBC Squawk Box 20160317

the nasdaq is off by 18. this comes after both the s&p and dow closed at their highest levels of the year after yesterday s fed meeting. that fed meeting along with the news conference with fed chair janet yellen, we re going to be talking more about her message. in the meantime, take a look at wti. it is up by just over 2% to $39.28 a barrel. getting closer to the $40 level. also, if you take a look at the currencies, the dollar is down against the euro, which is all the way up at 1.1308. the yen is trading at 111.36. dovish federal reserve keeping interest rates unchanged, suggesting it will be very cautious about future rate hikes. a pretty upbeat assessment of the economy. yellen had this to say at the news conference. you have seen a shift this time in most participants assessments of the appropriate path for policy. as i tried to indicate, i think that largely reflects a somewhat slower projected path for global growth, for growth in the global economy outside the

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