Chip Somodevilla/Getty Images(CNN) - Two regional Federal Reserve presidents publicly dissented Friday over this week's interest rate cuts, issuing separate statements arguing that economic conditions didn't warrant easing.
"I do not see a clear and compelling case for additional monetary accommodation at this time," said Boston Fed President Eric Rosengren in a statement.
"Incoming economic data and the outlook for economic activity over the medium term warranted no change in the policy rate," Kansas City Fed President Esther George said in her statement, adding maintaining interest rates would have been "appropriate."
The Fed has left the door open for further rate cuts, while also suggesting that it has not entered an extended period of lowering rates.
Members of the Federal Open Market Committee, comprised of the seven Board members and 12 regional Fed presidents, have dissented under both of Powell's predecessors.