But, I'm pretty sure what he really meant was, "I don't know [what to say that would be a good way to bullshit this answer so you don't continue running for the exits]"
Because the answer is, simply put, is that as they continue with QT, the asset bubble that QE created, will be deflated the same way it got inflated to begin with.
And again, the 25bps really shouldnt mean anything, and if it does a lot of things are wrong. But more importantly QT is going on:
But wait, there's even more, because apparently while everyone at the Marriner Eccles building was focusing on interest rates, they forgot about the elephant in the room: the unwind of trillions and trillions in bond purchases