Many households are in a fragile position financially, even in an economy with an unemployment rate near a 50-year low.
Boston Fed President Eric Rosengren said the U.S.-China trade dispute adds a downside risk to his economic forecast.
Low U.S. inflation is obscuring the pain consumers are already feeling during the trade war with China.
Two professors say that providing 'seed capital' to more people will produce fairer outcomes and more growth.
Democratic socialists' spending proposals depend on modern monetary theory for their theoretical support.
The Fed chairman said that workers returning to employment are causing additional slack in the labor market.
The New York Fed president becomes the latest to advocate tempering the normalization of interest rates.
Inflation in rental costs is slowing just as wages tick upward.
The public statements point to the Fed taking a break from raising rates in the coming months.
Opinions are diverging on whether the Fed will continue on its path gradual interest rate hikes.
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