Most Wall Street economists are waiting for the Fed to raise rates until September

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In March, The Wall Street Journal conducted a survey of 66 Wall Street economists, which showed that 57% of respondents predict that the Federal Reserve would raise the base interest rate in September or even later. The share of such survey participants in February was 35%, and in January - 13%. According to FedWatch, a stock exchange CME operator, market participants do not expect an increase in the cost of lending in the next 6-7 Fed meetings. However, data from Bloomberg indicate that the rate will not be increased until the end of January 2020. At the same time, in the speeches of most of the Fed managers, there was an opinion that it was necessary to closely monitor the state of the US economy, since at this stage there are no reasons for changes in interest rates.

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