A few policymakers said the median Fed projection published in december would bring too many rate hikes in 2018; a few others said more hikes could be needed in 2018 than implied in median projection

Fed policymakers discussed how fiscal stimulus or easy financial market conditions could boost output too much and require a steeper path of rate hikes

A few policymakers suggested further study of price level targeting or nominal GDP targeting frameworks

Fed policymakers generally agreed flatness of yield curve not unusual by historical standards; some expressed concern a possible future inversion could portend economic slowdown