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Obama to meet with Fed chair Bernanke Wednesday

08/10/2011 10:59:53 AM PDT · by Oldeconomybuyer · 15 replies
AP via Google News ^ | August 10, 2011

WASHINGTON (AP) — President Barack Obama is meeting at the White House Wednesday afternoon with Federal Reserve chairman Ben Bernanke. The meeting comes a day after the Fed announced it would offer super-low interest rates for two more years. The move was an unprecedented step to stem an economic free fall that dragged the stock market down earlier this week. The president was also scheduled to meet separately with Treasury Secretary Timothy Geithner on Wednesday.

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