Thursday, December 09, 2010
Though Federal Reserve Chairman Ben Bernanke has announced plans to commit another $600 billion to the banking system in an effort to jumpstart the economy, most Americans still aren’t confident the Fed can control inflation and keep interest rates down.
A new Rasmussen Reports national telephone survey finds that just 38% of Adults are at least somewhat confident the Federal Reserve Board will be able to keep inflation under control and interest rates down, with 10% who are Very Confident. Fifty-five percent (55%) do not share that confidence, including 17% whoa re Not At All Confident. (To see survey question wording, click here.)
In six surveys since October 2009, the percentage of those confident the Fed could keep interest rates down and control inflation has fallen in a narrow range of 37% to 41%.
Eighty-percent (80%) of adults nationwide are at least somewhat concerned about inflation, including 51% who are Very Concerned. Just 17% are not concerned about inflation, including just three percent (3%) who are Not At All Concerned. Those numbers, too, are largely unchanged over the past year.
The survey of 1,000 Adults nationwide was conducted on December 6-7, 2010 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
OR8-Weeks FREE to our top-tier Platinum Service Subscription. Limited Time Offer > Sign Up Now!
Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.
We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.
Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.
To learn more about our methodology, click here.