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U.S. calls Pan Gongsheng China’s central bank ‘head’, suggesting unannounced promotion

U.S. calls Pan Gongsheng China’s central bank ‘head’, suggesting unannounced promotion

© Reuters. FILE PHOTO: Pan Gongsheng, vice governor of the People’s Bank of China (PBOC), attends a news conference during the ongoing session of the National People’s Congress (NPC) in Beijing, China March 10, 2019. REUTERS/Jason Lee/File Photo By Andrea Shalal BEIJING (Reuters) – The United States has repeatedly referred to a senior Chinese central…

Brazil Senate committee approves Lula’s picks for central bank board

Brazil Senate committee approves Lula’s picks for central bank board

© Reuters. FILE PHOTO: A general view of the Central Bank headquarters building in Brasilia, Brazil February 14, 2023. REUTERS/Adriano Machado/File Photo BRASILIA (Reuters) -The Brazilian Senate on Tuesday approved President Luiz Inacio Lula da Silva’s first picks for the independent central bank, an institution he has clashed with since taking office in January. Former finance ministry…

PIMCO CIO says preparing for ‘harder landing’ for global economy

PIMCO CIO says preparing for ‘harder landing’ for global economy

© Reuters. FILE PHOTO: The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake/File Photo (Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment…