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42% Are Confident Fed Can Keep Inflation, Interest Rates Down

Tuesday, November 19, 2013

As the country awaits the likely confirmation of Janet Yellen as the new Federal Reserve Board chairman, confidence in the Fed’s ability to control interest rates and inflation remains low. But Americans are less pessimistic about rising grocery prices.

A new Rasmussen Reports national telephone survey shows that 42% of American Adults are at least somewhat confident that the Fed can keep interest rates down and inflation under control, but that includes just 11% who are Very Confident. Fifty-two percent (52%) lack that confidence, with 18% who are Not Confident At All. (To see survey question wording, click here).

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The survey of 1,000 American Adults was conducted on November 14-15, 2013 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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