Fed hike by 25bps was not unanimous w/Bullard being a dissenter in preference of a 50bp hike. The Fed expects to begin reducing balance sheet “at a coming meeting.”
Fed officials see Fed Funds rate at Median of 1.9% at end-2022, 2.8% at end-2023, w/ dots overshooting expectations h/t Holger Zschaepitz

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