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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.