Fed Chair Powell meets Chinese counterpart Yi Gang
BEIJING — The heads of the central banks of the United States and China met in Washington, DC, on Tuesday. People’s Bank of China said in a statement on Friday.
PBoC Governor Yi Gang and US Federal Reserve Chair Jerome Powell “exchange of views” on China-US economic and financial trends, the statement said, according to a translation by CNBC.
The meeting of the heads of the Fed and PBoC comes as political tensions between the world’s two largest economies escalate and Limited high-level interaction. US Treasury Secretary Janet Yellen said This week she still hopes to visit Chinawithout specifying when.
The PBoC statement said Yi is attending the spring meetings of the International Monetary Fund and the World Bank in DC. It does not include any pictures.
The US Federal Reserve and the IMF did not immediately respond to CNBC’s request for comment outside of local business hours.
US 10-year Treasury