Will the Federal Reserve raise interest rates by the end of the year? You get a very different answer depending on the source.
Eighty-four percent of economists surveyed by Bloomberg expect an initial interest-rate increase in December, according to a survey conducted Sept. 25-28. That contrasts with the signal federal funds futures are sending: Pricing suggests that investors see a roughly 40 percent probability of a rate rise by year end, based on an assumption that the effective funds rate will trade at the 0.375 percent mid-point of the target range following Fed liftoff.
Jeanna Smialek & Sarina Yoo | Bloomberg