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 was the sole dissenter at last week’s Federal Open Market Committee vote — the first since 2005. In her view, a 25 basis-point cut would have been a more measured response to current economic conditions.

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.