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Barring Jobs Disaster, Fed Set to Raise Rates

Morningstar's Bob Johnson thinks October's jobs report could be above views, but even if it falls short, the Fed will still proceed with a rate hike.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Morningstar's director of economic analysis, Bob Johnson, thinks that Friday's jobs report could be better than expected, and he's here to tell us why. Bob, thanks for joining me.

Bob Johnson: Great to be here today.