Ares co-founder Tony Ressler on Fed's recent comments, inflation fears
The highly anticipated decision from the Federal Reserve Wednesday caused a sell-off in equities that carried through to a second day. The central bank announced it is keeping interest rates unchanged, raised its 2021 inflation expectation to 3.4% and moved planned interest rate hikes forward. Tony Ressler, co-founder and executive chairman of Ares Management, joined "Squawk Box" on Friday to discuss.
Fri, Jun 18 202110:06 AM EDT