Federal Reserve Chairman Walsh: Very concerned about the outcome of the Bowman Bank meeting

FEDERAL RESERVE CHAIRMAN WALSH RECENTLY MADE THE FOLLOWING POINT: FIRST, THE MATTER OF THE BOWMAN BANK MEETING WAS REFERRED TO THE FED INSPECTOR GENERAL, WHO SAID THAT HE WOULD BE VERY CONCERNED ABOUT THE OUTCOME OF THE INSPECTOR GENERAL’S IDENTIFICATION OF BOWMAN’S DINNER WITH THE BANK AFTER THE FOMC MEETING. SECONDLY, WALSH POINTED OUT THAT IT WAS INAPPROPRIATE TO PREJUDGE THE CONTENT OF THE MEETING WITHOUT ANY FACTUAL BASIS。