(RECAP: The Federal Reserve is likely to hold off raising interest rates from rock-bottom lows until summer of next year despite recent improvement in the labor market, according to a survey of economists from The Wall Street Journal published Thursday. When the Fed does begin raising official borrowing costs, which have been effectively at zero since Dec. 2008, it will do so gradually, economists say, taking officials’ indications that they will do so at face value. Survey respondents saw rates rising to just 2% by June of 2016, and inching closer to 3% by the end of that year.)