Last modified on Monday, 11 April 2016 23:04
In the morning, the President and the Vice President will receive the Presidential Daily Briefing in the Oval Office. This meeting is closed press.
In the afternoon, the President will meet with Federal Reserve Chair Janet Yellen to discuss the state of the American and global economy, Wall Street Reform, and the long-term economic outlook; the Vice President will also attend. This meeting in the Oval Office is closed press. The President meets with Federal Reserve Chair Janet Yellen; the Vice President also attends. Oval OfficeClosed Press.
Government in the Sunshine Meeting Notice
Advanced Notice of a Meeting under Expedited Procedures
It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 AM on Monday, April 11, 2016, will be held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th Street and C Streets, N.W., Washington, D.C. The following items of official Board business are tentatively scheduled to be considered at that meeting.
1.Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.
A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting.
For more information please contact: Michelle Smith, Director, or Dave Skidmore, Assistant to the Board, Office of Board Members at 202-452-2955.
Obama to meet Fed Chair Yellen on Monday
President Barack Obama will meet with U.S. Federal Reserve Chair Janet Yellen on Monday to discuss the economy and Wall Street reform, the White House said on Sunday.
Vice President Joe Biden will also attend the meeting. The president and the Fed chair meet regularly to discuss economic issues.
Obama has presided over a steady economic and jobs recovery since the 2008 financial crisis and is nearing the end of his term in office.
The Fed has signaled it will exercise caution on interest rate increases because of concerns over the global economy, after implementing its first rate rise in almost a decade in December.
"In the afternoon, the president will meet with Federal Reserve Chair Janet Yellen to discuss the state of the American and global economy, Wall Street reform, and the long-term economic outlook; the vice president will also attend," the statement said.