Obama to meet Federal Reserve chair Yellen Monday: White House

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President Barack Obama will meet with Federal Reserve Chair Janet Yellen on Monday to discuss "the long-term outlook for the American economy and the global recovery," a White House official said.

Obama met periodically with Yellen's predecessor, Ben Bernanke, and was continuing that trend, the official said.

"This meeting is a continuation of that important dialogue on the state of the economy, financial reform, and other economic issues," the official said.

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