Spooked Fed faces checklist of hurdles for rate hike, including housing

Screen Shot 2015-10-16 at 7.25.31 AMBy Michelle Jamrisko | BloombergNews

All but one of 55 economists surveyed by Bloomberg last week are convinced the Federal Reserve is too spooked to increase the benchmark interest rate at their Oct. 27-28 gathering. So what hurdles must the U.S. economy surmount over the next two months in order for policy makers to justify a rate hike at the following meeting in December?

Jeremy Lawson, chief economist at Standard Life Investments Ltd. in Edinburgh, has a checklist in mind:

Continued:

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