Job Market Creates Conundrum for Fed
Morningstar’s Bob Johnson sees the Fed in a tough spot trying to balance the pressure of increasing wages against a slowdown in payroll growth.
Jeremy Glaser: From Morningstar, I'm Jeremy Glaser. The U.S. economy added 156,000 jobs in December. I'm here with Bob Johnson--he's our director of economic analysis--for his take. Bob, thanks for joining me.
Bob Johnson: Great to be here today.