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Economy May Be Stronger Than The Fed Thinks

The Fed is underestimating some of the risks, particularly inflation, says Morningstar’s Bob Johnson.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. In a speech this week Fed chair Janet Yellen expressed some caution about further rate increases this year. I'm here with Bob Johnson, who is our director of economic analysis, see if this caution is warranted.

Bob, thanks for joining me.