Only priced in to an extent, in my opinion. I think we've found equilibrium within this game of the Fed offering reassurance on the one hand, while the data indicates something else.
I think if the Fed were to adopt a much more hawkish tone with regard to inflation, for instance, I think the markets would sell off. Otherwise, despite the Fed's attempts at reassurance, I don't think investors/traders will be mollified until they see evidence of lower inflation within the data. So while I don't expect rallies off of Fed speeches / minutes, I do think the possibility of selloffs still exist should the dot plot / inflation estimates indicate that rate hikes (and/or more of them) are coming sooner than later.