Will the Fed minutes from any remaining 2026 meeting report that multiple participants favored a hike?

The June 2026 SEP median of 3.8 percent implies nine participants see at least one 25 basis point hike by year end 2026, yet the unchanged 3.50 to 3.75 percent target range and the recent erasure of the prior easing bias together indicate that any near term tightening remains a minority view; historical precedent shows that when the median dot already signals future hikes, the minutes still record dissent only when the median itself shifts upward in the next SEP round.