The latest survey of economists by the Wall Street Journal is in:
- 72% said the Fed's first rate increase will come in September
- 3% for June
- 3% predict July
- 5% predicted October
- 9% for December
- 8% say 2016
(I can't believe the number is 0% for those who said "Stop bothering me")
They also have a nifty pic showing how expectations have changed over time:
