Are we on the wrong path in the fight against inflation?  Wharton Business School professor Jeremy Siegel criticizes the Federal Reserve and its chairman, Jerome Powell, saying the U.S. central bank is moving too aggressively to fight inflation and will hurt American workers in the process.  The British pound falls to historic lows against the U.S. dollar, sparking currency concerns around the globe.  Plus, the new fee that car dealerships are trying out on auto lease consumers. 

In this episode:

Phil Lebeau, @Lebeaucarnews

Melissa Lee, @MelissaLeeCNBC

Joe Kernen, @JoeSquawk

Katie Kramer, @Kramer_Katie