0557 GMT - The Federal Reserve has finally begun its hiking cycle, and the debate now shifts from whether rates will rise again to how many hikes lie ahead, Principal Asset Management's Seema Shah says in a note. "The unanimous vote shows that rising energy prices and stubborn inflation have brought even the doves on board, making a one-and-done move highly unlikely," the chief global strategist says. With markets already pricing multiple increases, policymakers will probably need to deliver at least one more hike to safeguard credibility, she says. "Moreover, with inflation not projected to return to target until 2029 under the current path, the case for further tightening in 2027 remains compelling."