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BUSINESS

79% Are Concerned About Inflation

Most Americans remain worried about inflation and lack confidence in the Federal Reserve to keep inflation under control and interest rates down. 

A new Rasmussen Reports national telephone survey finds that 79% of American Adults are at least somewhat concerned about inflation, while only 19% are not concerned.  These figures include 50% who are Very Concerned and four percent (4%) who are Not At All Concerned.  (To see survey question wording, click here.)

The latest findings show no change from last month and are a slight improvement from early April 2009, when 85% of Americans were concerned about inflation. 

Thirty-five percent (35%) are confident that the Fed will beable to keep inflation under control and interest rates down, including just seven percent (7%) who are Very Confident.  Sixty-two percent (62%) arenot confident in the Fed, with 22% who are Not At All Confident.  These findings, too, mark no change from last month but are generally below the level measured throughout last year.

(Wanta free daily e-mail update?  If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 Adults was conducted on July 11-12, 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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