The president called Fed decision-makers "boneheads" for not lowering rates further.
U.S. paychecks surged as Walmart, Target and blue states implemented minimum wage hikes.
Fed policy makers last week projected they would keep interest rates on hold for the year.
Many analysts and chief financial officers expect a recession within the next two years.
Despite strong jobs numbers, the long-term unemployed have still not returned en masse to the workforce.
'The Wall Street Journal' and Donald Trump want the Fed to forgo another interest rate increase.
The latest increases came during holiday periods typically associated with data volatility.
Mortgage applications sink as borrowing costs edge higher.
Declining fertility will have serious economic consequences around the world, especially if it continues.
The former Fed chairman likes the idea of a corporate tax cut, but doubts it will expand the economy.