If inflation data starts to turn that will give us a big bounce in the markets, says Jim O'Neill

Jim O’Neill, former Goldman Sachs Asset Management chairman and former UK Treasury minister, joins 'Squawk on the Street' to discuss what could go right in today's equity market, if the Federal Reserve has lost its credibility and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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