Despite another strong employment number, the absence of wage or price inflation should give the Fed space to remain patient on rate hikes, says Morningstar’s Bob Johnson.
Opinion
Jobs Report Won’t Force Fed’s Hand
Despite another strong employment number, the absence of wage or price inflation should give the Fed space to remain patient on rate hikes, says Morningstar’s Bob Johnson.
Federal Reserve Chair Janet Yellen speaks with reporters at the Federal Reserve in Washington, Wednesday, Dec. 17, 2014. AP Photo/Cliff Owen
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