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38% Express Confidence In Fed To Keep Inflation, Interest Rates In Check

Saturday, July 14, 2012

Americans’ confidence in the Federal Reserve Board keeping inflation under control is the lowest its been in 2012, as many continue to report paying more for groceries now compared to last year.

A new Rasmussen Reports national telephone survey shows that just 38% of American Adults are at least somewhat confident that the Fed can keep inflation under control and interest rates down, including just 13% who are Very Confident. Fifty-six percent (56%) lack confidence in the Fed in this area, with 22% who are Not At All Confident. (To see survey question wording, click here.)

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The survey of 1,000 American Adults nationwide was conducted on July 8-9, 2012 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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