Fed Chair Powell meets Chinese counterpart Yi Gang

• Business
• admin
• April 14, 2023
• 0
• 126
• 4 minutes read

Jason Lee | Reuters

BEIJING — The heads of the U.S. and Chinese central banks met in Washington, D.C., on Tuesday, the

10 hours ago

The meeting of the Fed and PBoC heads comes as political tensions between the world’s two largest economies have escalated and limited high-level interactions. U.S. Treasury Secretary Janet Yellen said this week that she still hoped to visit China, without specifying when.

Yi was attending the spring meetings of the International Monetary Fund and World Bank in D.C., the PBoC statement said. It did not include any photos.

The U.S. Federal Reserve and IMF did not immediately respond to a CNBC request for comment outside of local business hours.