At the June 17 FOMC meeting, the median end-2026 dot jumped to 3.8%, nine of 18 officials are tilting toward hikes, and PCE hit 4.1% year-on-year in May. Warsh declined to submit a dot. No sitting Chair has done that at a regular meeting.
FOMC participants are evenly split between holding and hiking rates this year after Kevin Warsh's first meeting as chair, per a Goldman Sachs chart. Source
