Federal Reserve Governor Michelle Bowman warned about inflationary risks Tuesday, explaining her disagreement with the Fed’s decision to conduct a bigger-than-normal interest rate cut.

Bowman, who assumed office in 2018, became the first Fed governor since 2005 to dissent from an interest rate decision last week. Following a two-day meeting of the Federal Open Market Committee, the Fed opted to cut its interest rate target by half of a percentage point rather than conducting a typical quarter-point revision.