Fed Chair Powell Meets with Chinese Counterpart Yi Gang

Fed Chair Powell and People's Bank of China Governor Yi Gang have met face to face for the first time since 2020. Fed Chair Jerome Powell and People's Bank of China Governor Yi Gang have met face to face for the first time since 2020. According to a statement made by the People's Bank of China, Yi and Powell met on Tuesday, April 11. The economic and financial situations in China and the US were discussed during the meeting between Powell and Yi. The meeting took place after the IMF-World Bank Spring Meetings. Powell and Yi last had a 17-minute phone call on March 2, 2020.