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BUSINESS

53% Expect Higher Interest Rates in a Year

One-in-four Americans say they’re currently paying higher interest rates, and more than half expect those rates to go even higher over the next 12 months.

A new Rasmussen Reports national telephone survey finds that 53% of American Adults think interest rates will be higher a year from today, up from 48% last month and the highest level of pessimism since last September. Just four percent (4%) think interest rates will be lower in a year's time, while 29% expect them to be about the same. Fourteen percent (14%) are not sure. (To see survey question wording, click here.)

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The survey of 1,000 American Adults was conducted on June 15-16, 2014 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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