Bowman was the lone dissenter from the Federal Open Market Committee's decision to lower benchmark interest rates for the first time in more than four years. No governor had disse

Federal Reserve Governor Michelle Bowman said the central bank should lower interest rates at a “measured” pace, arguing that inflationary risks remain and that the labor market has not shown significant weakening.

Bowman cast the lone dissenting vote on the Fed’s decision to lower rates by a half percentage point on Sept. 18.

While it has not been my baseline outlook, I cannot rule out the risks that progress on inflation could continue to stall,” Fed Gov. Michelle Bowman said.

Federal Reserve Governor Michelle Bowman calls for caution in cutting interest rates, citing risks to price stability and full employment.

U.S. Federal Reserve Governor Michelle Bowman said on Tuesday key measures of inflation remain "uncomfortably above" the Fed's 2% target, warranting caution as the Fed proceeds with cutting interest rates.

The Federal Reserve framed its big interest rate cut last week as a “recalibration” of policy, shifting its focus from inflation to employment as the labor market begins to soften. But Americans are still concerned about rising prices.

The sole Federal Reserve official not to support last week's large interest rate cut said Tuesday that the risks of inflation reigniting remained "prominent."