Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
1. Two Fed officials dissent against current interest rate policy. 2. They advocate for gradual interest rate cuts to support the labor market. 3. Trump criticizes the Fed's cautious stance and demands lower rates. 4. Gradual cuts could stabilize inflation below the 2% target. 5. Currently, tariffs are viewed as having limited inflation impact.