AP FACT CHECK: Trump job forecast not so bold
TRUMP, on 14 million people leaving the workforce during Obama's presidency: "My economic plan rejects the cynicism that says our labor force will keep declining."
The nonpartisan Congressional Budget Office estimates that the labor force participation rate will be 60.2 percent in 2026, down from 62.8 percent today, based partly on population trends.
The Fed, under chairman Ben Bernanke and his successor and current chairwoman, Janet Yellen, has attracted controversy by pegging the short-term interest rate it controls to nearly zero for seven years.
After one increase in December, it is still ultra-low at between 0.25 percent and 0.5 percent, a rate that some economists worry could spark a stock-market bubble or inflation.
In 1993, for example, Fed chairman Alan Greenspan sat next to first lady Hillary Clinton in 1993 during Bill Clinton's speech to a joint session of Congress, in a move widely interpreted as support for Clinton's deficit reduction policies.
EDITOR'S NOTE _ A look at the veracity of claims by political figures