This Week’s Agenda: Interest Rates, Taxing the Wealthy, Palestine

The Takeaway

This week, Ben Bernanke and the Federal Reserve will hold a rare two-day meeting to decide on interest rates, which are currently close to zero. Meanwhile,  President Obama will release details of his deficit reduction plan this morning, and one key component is taxing the wealthy, which has many Republicans screaming “class warfare.” The Clinton Global Initiative annual meeting begins tomorrow, and the primary topic of discussion will be jobs, as unemployment and poverty prove to be an ever-increasing global problem.  Later in the week, the Palestinian Authority will ask the United Nations Security Council for full membership, which the U.S. has already said they will veto. Charlie Herman, economics and business editor for  The Takeaway  and WNYC, and  Callie Crossley, host of  The Callie Crossley Show  on WGBH in Boston, look at all the big news stories in this week’s Agenda.

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