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/REACT: FTN Financial' Jim Vogel on Fed........>

FOMC: /REACT: FTN Financial' Jim Vogel on Fed annc: "well less than the most
feared outcome". Wyhile the Fed did tweak statement w/removal of "accomodative",
Vogel notes the Fed "was not more aggressive with the median dots.  Where the
hawks were more aggressive with their outlook at the end of 2021, they actually
eased back on their longer run assessment from 3.25% to 3.00% -- a potential
flattening move as investors consider the implications."

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