About 31% expect the Fed to raise rates in June, while another 31% see it waiting until September
By David Harrison | The Wall Street Journal
Economists are split about the timing of the Federal Reserve’s next interest-rate increase, reflecting the uncertainty of the current economic and financial environment magnified by a potentially disruptive vote in the U.K. next month over its place in the European Union.
About 31% of economists surveyed by The Wall Street Journal this month said the Fed will raise short-term interest rates at its June 14-15 meeting, while another 31% expected it to wait until September. Another 21% thought the Fed will next move at its July meeting. For the first time since February, June wasn’t the economists’ consensus pick for the next Fed rate increase.
