BEIJING — The heads of the U.S. and Chinese central financial institutions fulfilled in Washington, D.C., on Tuesday, the People’s Financial institution of China explained in a assertion Friday.
PBoC Governor Yi Gang and U.S. Federal Reserve Chair Jerome Powell “exchanged views” on China-U.S. economic and monetary developments, the statement reported, in accordance to a CNBC translation.
The meeting of the Fed and PBoC heads comes as political tensions among the world’s two greatest economies have escalated and confined high-stage interactions. U.S. Treasury Secretary Janet Yellen said this 7 days that she continue to hoped to check out China, without specifying when.
Yi was attending the spring meetings of the Intercontinental Monetary Fund and Planet Bank in D.C., the PBoC statement said. It did not consist of any pics.
The U.S. Federal Reserve and IMF did not promptly reply to a CNBC ask for for remark outdoors of neighborhood company several hours.
U.S. 10-yr Treasury