The economy was in strong shape before fears of the the coronavirus escalated
The spread of the coronavirus prompted the Fed to cut rates in an emergency move
But it's unclear how a rate cut would counteract the effects of the coronavirus
Incomes rose 0.6%, the biggest rise in nearly a year
Judy Shelton has been a skeptic of the need for the Fed’s independence
Trump has called Fed officials “boneheads” for not continuing to cut rates
Last month, 61.2% of American adults had jobs
The range of 1.5% to 1.75% is far below levels that have been typical during previous expansions
Policymakers felt that the risks of a trade war and a disruptive Brexit had diminished
The number of available positions rose 3.3%