1- No real surprises. There were no market moving events.

2- Chairman POWELL is one that works with consensus. The FED board seems a bit divided on Inflation, but consensus seems to be that they think inflation will subside.

3- There seems to be a bit more worry within the ranks and that will probably prompt the FED to taper FASTER than anticipated.

4- Supply chain issues are seen as transitory, the expectations and the way markets react is a worry for them.