I dissented because I concluded that cutting rates by 25 bps was the appropriate policy stance (Waller)Believe that tariffs are a one-time price event and that policymakers should look through it (Waller)That so long as inflation expectations remain anchored (Waller)A host of data argues that policy should be close to neutral, not restrictive (Waller)Fully respect view of other Fed members but wait and see approach is overly cautious (Waller)Sees no reason to hold rates at current level and risk a sudden decline in labour market conditions (Waller)Should start putting more weight on risks to employment mandate (Bowman)There is a risk that a delay in taking action could result in deterioration of labour market and further slowing in economic growth (Bowman)More to come.. This article was written by Justin Low at investinglive.com.