News outlets are reporting that President Obama is set to meet with Federal Reserve Chairman Janet Yellen tomorrow. Coming two weeks before the Fed’s next FOMC meeting, a meeting that some have speculated might see another interest rate increase, what might be on the docket? Will Obama urge Yellen to hold off raising interest rates until after the election so that the next economic collapse won’t happen until after the November election? Will he urge another round of quantitative easing? Inquiring minds want to know.
↧