For example, the Committee might set a sales pace of $ billion of assets between FOMC meetings and announce that for each 25 basis points the funds rate target is raised, it would increase sales by, say, $ billion of assets during the intermeeting period, which is about the pace at which we bought securities.
If the policy rate was not raised there would be no additional sales. There is logic to selling assets faster when the policy rate rises. If the economy is growing then market demand for both risk and duration is also likely to expand. So selling assets is likely to be less disruptive.