Three other dissenting Fed members wanted to remove the easing bias, believing a rate cut does not need to happen at any time in the future.

Myron, one of the four dissenting Fed members, advocated for an immediate rate cut.

Eight majority Fed members believed a rate cut would happen eventually but not immediately, remaining neutral on a current rate cut.

The Fed is still forecasting one rate cut within the year, as indicated indirectly through the dot plot.