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52% Still Expect Higher Interest Rates A Year From Now

Thursday, November 21, 2013

Most Americans feel that today’s interest rates are about the same as they were one year ago, but they expect to be paying higher rates a year from now.

A new Rasmussen Reports national telephone survey finds that 52% of American Adults think interest rates will be higher in a year. That’s down six points from September  which was the highest level of pessimism since early 2011. From July 2009 to early May 2011, this finding generally remained in the mid-to-high 50s but has been mostly in the 40s over the past couple years.

Just three percent (3%) expect lower rates this time next year, however, while 32% think rates will stay about the same.  Thirteen percent (13%) are not sure.  (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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