"The data yield evidence that rides from commercial banks directly to the New York Fed and offsite meetings involving insiders of the New York Fed and commercia

"The data yield evidence that rides from commercial banks directly to the New York Fed and offsite meetings involving insiders of the New York Fed and commercial banks increased around the time of FOMC meetings" Well, wait a minute. The data is anonymized so how is the author inferring that the trips were taken by insiders ? It could be anyone dropping off at the Federal reserve. There is high likelihood that these are insiders. Did the same insiders have any say in the meetings, were they even present in the meetings is hard to determine. What can be safely inferred from this analysis is that there is an explosion of physical interactions between the NY Fed officials and the banks once the embargo is lifted. Nothing wrong with that I suppose.