Most Fed Officials Backed Continued Gradual Rate Hikes

The transcript discusses the Federal Reserve committee's divided stance on inflation and economic risks as they head into 2018. The dovish group is concerned about weak inflation and supports a rate hike, while the hawkish group worries about unemployment undershoot leading to inflation. Both groups acknowledge potential risks from economic expansion and fiscal stimulus.

What was the committee's stance on the rate hike that occurred in December?

Who are some of the members of the more hawkish group mentioned in the text?