The Fed also finds itself under pressure amid indications of a slowing U.S. economy
Combined borrowings of the Federal Reserve and U.S. Treasury Department have more than doubled since the 2008 financial crisis to $26.3 trillion. But in the topsy-turvy world of modern monetary policy and negative interest rates, investors might have to start paying to lend money to the government, a new Bank of America report suggests.
Here's how to read complex economic data and how to invest for 2019 and 2020.
Federal Reserve Chairman Jerome Powell said in a webcast discussion in Switzerland that Facebook's proposed digital currency would probably have so many users that it might cause instability in the financial system.
Federal Reserve Chairman Jerome Powell speaks on the economic outlook and monetary policy in a discussion in Zurich with Swiss National Bank Chairman Thomas Jordan.
A report Friday from the Labor Department shows the U.S. economy added 130,000 jobs in August, down from 164,000 in July. Economists had forecast a gain of 160,000 jobs. The month's gains included 25,000 temporary workers hired by the U.S. government to prepare for the 2020 census.
Don't panic, investors. There's always return somewhere.
Private companies add a net 195,000 jobs in August, according to the payroll firm Automatic Data Processing. Economists had expected an increase of 150,000 jobs.