RBS: We did not expected raise rates by the Fed this year before, we do not expect it now

The published report from the meeting of the FOMC in July turned out to be less combative than market expectations. Committee members were divided on the need to continue raising interest rates. However, we should keep in mind, that the head of the Fed, Janet Yellen, is one of the most "pacifist" members of the FOMC.
Thus analysts of the bank remain of the view, that the Fed has no reason to hurry to increase interest rates and this move looks very unlikely in September.
Although recent US economic data are very encouraging, obstacle to continued tightening of monetary policy is the lack of sustained inflation. The increase in interest rates in December is still possible, but analysts of the bank are skeptical that it will happen even then.