Central Banks
Fed’s Powell, PBOC’s Yi Hold First One-On-One Talk Since 2020
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The People’s Bank of China’s Governor Yi Gang met with US Federal Reserve Chair Jerome Powell in Washington this week for their first one-on-one talk since 2020.
Yi and Powell discussed the economic and financial situation in the world’s two largest economies during their meeting on Tuesday, according to a statement released Friday by the PBOC, which doesn’t provide more detail. The talk was held during the World Bank and International Monetary Fund’s Spring Meetings.