According to a National Association for Business Economics (NABE) survey, only 37% of the economists expect that the Fed will raise its interest rate next month. Nearly a quarter of the economists said the central bank is likely to start hiking rates in late October, 17% expect the first interest rate hike would come in December, while 17% said that the Fed would wait until next year or later.
NABE surveyed 331 economists between July 27 and August 4.