Economists expect Fed to put off rate increases

The Wall Street Journal surveyed economists on when they expect the Federal Reserve to next increase interest rates, and 57% of respondents said the increase would “come at the central bank’s September meeting or later.”

Of those who responded to the survey, 18% said they think the Fed’s next move will be to cut rates. That’s up from 10% who said the same thing in a February survey.

“Fed officials have said they see no reason to change interest rates for now, as they wait to see how the U.S. economy is affected by trade disputes, slowing growth in China and Europe, and Britain’s messy split from the European Union,” the news outlet reports.