Key facts
- Fed Vice Chair for Supervision Michelle Bowman attended a private Bank of America client dinner.
- The dinner took place hours after the Federal Reserve concluded its policy meeting.
- Fed officials are generally restricted from commenting on monetary policy following policy announcements.
Federal Reserve Vice Chair for Supervision Michelle Bowman spoke at a private dinner in New York hosted by Bank of America for its clients. The event occurred hours after the Federal Open Market Committee concluded its policy meeting on June 16-17, during which officials are typically restricted from commenting on monetary policy. The FOMC left interest rates unchanged but signaled growing support for rate hikes this year.