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Johnson: Fed May Act in September

Global concerns may well stay the Fed's hand, but recent data shows a resilient U.S. economy that could handle a rate hike, says Morningstar's Bob Johnson.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Ahead of the Fed's meeting next week, I'm sitting down with Bob Johnson, our director of economy analysis, to look at some recent U.S. economic data to see if our economy is being impacted by what's happening overseas.

Bob, thanks for joining me.