#BreakingNews WH official tells me Janet Yellen's meeting with @realDonaldTrump has just come to an end. More to come.
— Brian Schwartz (@schwartzbFBN) October 19, 2017
The anticipated meeting between president Trump and Janet Yellen has concluded, and according to Fox News, it lasted no more than 30 minutes, running from 2:00PM to 2:30PM, or barely enough for Trump to stop patting himself on the back about the yuuge Dow Jones rally under his presidency.
And to think it was a just over a year ago that Trump was bashing Yellen for creating a stock bubble with the help of low rates, shortly after urging his fans to sell their stocks.
As a reminder, last September, Trump said that “keeping the rates artificially low so the economy doesn’t go down so that Obama can say that he did a good job. They’re keeping the rates artificially low so that Obama can go out and play golf in January and say that he did a good job. It’s a very false economy. We have a bad economy, everybody understands that but it’s a false economy. The only reason the rates are low is so that he can leave office and he can say, ‘See I told you.’
Which in light of recent Trump tweets is… ironic.
This post was published at Zero Hedge on Oct 19, 2017.
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