Economists Split Over Inflation [WSJ]

From the Wall Street Journal

Economists were evenly divided between those who fear inflation will accelerate over the next year and those who see a bigger risk that the inflation rate will slow from already low levels, according to the latest Wall Street Journal forecasting survey.

Inflation is an important factor in the Fed's decision making process of when to start to hike rates. As the article shows, no one really knows the future of inflation and when we may see higher rates.