Fed Governor Bowman Spoke at Private Dinner After Policy Meeting

Michelle Bowman, the Federal Reserve’s vice chair for supervision, spoke at a private dinner in New York hours after attending the central bank’s policy meeting, the Wall Street Journal reported, a period when officials are restricted from commenting on monetary policy.

The event in New York was hosted by Bank of America on the same day the Federal Open Market Committee concluded their policy meeting under new Chairman Kevin Warsh, the newspaper said. Policy makers met on June 16 and 17 where they left interest rates unchanged in a range of 3.5% to 3.75% but signaled growing support ...