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Inflation Not in Danger Zone

Morningstar's Bob Johnson sees signs that year-over-year inflation growth is peaking, but a shock could quickly boost prices and threaten growth.

Jeremy Glaser: From Morningstar, I'm Jeremy Glaser. The Fed has raised rates, but we still have questions about what the state of the economy is. I'm here with Bob Johnson, our director of economic analysis, to look at some recent data.

Bob, thanks for joining me.