Watch two experts break down market outlooks and interest rate expectations

Komal Sri-Kumar, president of Sri-Kumar Global Strategies, and Anastasia Amoroso, chief investment strategist at iCapital, join CNBC's 'Squawk Box' to discuss whether spiking market volatility will cause the Federal Reserve to pivot. "I think something is going to break," Sri-Kumar tells CNBC. "You have interest rates being increased at a historically rapid pace. You also have quantitative tightening taking place at a very rapid pace."