FOMC Still Sees Another Rate Hike in 2017

The transcript discusses the Federal Reserve's decision to shrink its balance sheet and the implications of a potential rate hike. It highlights the market's reaction, particularly the unexpected strength of the dollar, and examines inflation trends. The discussion also covers the central banks' belief in rising inflation despite current data, and speculates on future rate hikes depending on upcoming economic data.

What might influence the Fed's decision on future rate hikes?

What message did the Fed want to convey about their outlook on the economy?