From Marketwatch.com:
Stopping short of giving the market everything it wanted, the Federal Reserve cut a key interest rate by three quarters of one percentage point on Tuesday. The Fed action takes the federal funds rate target down to 2.25%, the lowest since December 2004 But the market had expected more. Based on futures trading in Chicago, investor's bets implied a 100% chance of a cut of one percentage point. The Fed did leave the door open. In its statement, the Fed said downside risks remain and it would act in a timely manner if needed. Dallas Fed president Richard Fisher and Philadelphia Fed president Charles Plosser dissented in favor of less aggressive action.
“Dallas Fed president Richard Fisher and Philadelphia Fed president Charles Plosser dissented in favor of less aggressive action.”
Maybe they should be running for POTUS.