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Majority Still Concerned About Inflation

Thursday, March 03, 2011

With gas prices rising by the minute, American Adults are as concerned as ever about inflation.

A new Rasmussen Reports telephone survey finds that 82% of adults are at least somewhat concerned about inflation, including 52% who are Very Concerned. Just 14% are not concerned about inflation, with just three percent (3%) who are Not At All Concerned. (To see survey question wording, click here.)

A large majority of American adults have been concerned about inflation since polling on the question began in June 2006

Similarly, most adults are not confident in the Federal Reserve’s ability to keep inflation controlled. Just 32% are confident the Fed will be able to keep inflation under control and interest rates down, including just six percent (6%) who are Very Confident. Sixty-four percent (64%) are not confident in the Federal Reserve, with 23% who are Not At All Confident.

Confidence in the Federal Reserve is down from 41% in January. This number was in the high 30’s for all of 2010.

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The survey of 1,000 Adults was conducted on February 27-28, 2011 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.


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