FED PROJECTIONS SHOWED POLICYMAKERS SPLIT BETWEEN ADDITIONAL HIKES AND HOLDING RATES STEADY, WHILE CHAIR KEVIN WARSH EMPHASIZED THAT RESTORING PRICE STABILITY REMAINS THE CENTRAL BANK’S TOP PRIORITY. THE FED UPGRADED ITS INFLATION OUTLOOK, MAINTAINED A HAWKISH STANCE DESPITE FALLING OIL PRICES, AND LAUNCHED A BROAD REVIEW OF ITS COMMUNICATIONS, BALANCE SHEET STRATEGY, AND INFLATION FRAMEWORK.