The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets

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The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation

Federal Reserve Board Chairman Jerome PowellKevin Dietsch/Getty ImagesFederal Reserve governor Michelle Bowman was the only dissenter to Wednesday's 50 basis point rate cut.On Friday, Bowman said such a big cut could hurt progress on the Fed's 2% inflation goal.Bowman says people could interpret the cut as a "premature declaration of victory" on inflation.The Federal Reserve's decision to cut interest rates by 50 basis points got a near-unanimou…