Sonders Talks Inflation, Interest Rates

Charles Schwab chief Investment Strategist Liz Ann Sonders says that, while food and energy prices have been rising rapidly, there is “very little” risk of core inflation right now. She tells Dow Jones that she thinks the Federal Reserve will continue with its lax monetary policy at least through the end of the year, though she thinks it would be better off raising interest rates sooner than that. Sonders also says she’s optimistic on the economy in 2011, and she discusses some of the sectors she’s high on.