Still favors 3 hikes in 2018 (one less than the dot plot)
He adds:
The Fed tightened by 0.25% last week to bring the target range to 1.75%-2.00%. The Fed said they expect 2 more hikes in 2018 and 3 in 2019. If done, that would take the rate to 3%-3.25% - above the high neutral rate