The Wall Street Journal: Only 13% of economists see Fed rate hike in September: WSJ survey


Fed Chairwoman Janet Yellen, tours a manufacturing lab with Chicago Fed President Charles Evans

Economists appear unmoved by Federal Reserve officials’ recent comments indicating they will consider raising short-term interest rates this month.

A Wall Street Journal survey of economists in recent days found that just 13.1% of them expected the Fed to raise rates at its Sept. 20-21 meeting, while 73.8% said policy makers will hold off until their December gathering. The results are similar to the August economists’ survey, in which about 11% saw a rate increase in September and 71% in December.

“At least for now, there is probably not sufficient data to warrant a move at the September meeting,” said Chad Moutray, chief economist at the National Association of Manufacturers.

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