Economists in New Survey See Federal Reserve on Autopilot

Overall, economist surveyed see the federal-funds rate ending the year at 2.33%

Economists surveyed by The Wall Street Journal see the Federal Reserve moving in a regular pattern of quarterly interest-rate increases to keep the economy on a steady footing.

With the labor market firing on all cylinders and with inflation at the Fed’s 2% target, the central bank will put policy on autopilot unless something—perhaps an escalating trade confrontation—comes along to disrupt its plans, the economists said.

Just...