June 1, 2026

Budget, Personal Loans

Fed’s Bowman Defends Rate-Cut Path, Urges Looking Past Oil-Driven Inflation

The marble facade of the Federal Reserve Eccles Building in Washington photographed at dusk, neoclassical Corinthian columns lit by warm interior light beneath a deep blue evening sky with an American flag on a pole to the right and a broad staircase in the foreground

Fed Vice Chair Michelle Bowman defended keeping rate cuts on the table in a May 29 speech, urging the Committee to look past oil-driven inflation before the June 16-17 FOMC.

Laura Adams
June 1, 2026