Bank of America Merrill Lynch economists still say September is possible. "It's getting interesting. For some time, our view has been that absent a shock or a sharp slowing in the data, the Fed would hike in September. The data are cooperating," they wrote in a note. "We expect 2Q GDP growth to be revised up from 2.3 to 3.4 percent … and we continue to track 2.8 percent growth in 3Q. More important, the Fed is clearly putting a big emphasis on the labor market and they are getting just what they want."