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Just 41% Are Confident Fed Will Keep Inflation Under Control

Friday, October 15, 2010

Federal Reserve Chairman Ben Bernanke announced today his committee’s intent to combat persistently low inflation and high unemployment rates, calling the situation “a case for further action.” But most Americans are not entirely confident that can happen.

A new Rasmussen Reports telephone survey finds that 41% are at least somewhat confident that the Federal Reserve Board will be able to keep inflation under control and interest rates down. This includes only nine percent (9%) who are Very Confident. Fifty-two percent (52%) are not confident that the fed will be able to control interest and inflation, including 13% who are Not At All Confident. (To see question wording, click here.)  

It is important to note that this survey was taken prior to Bernanke’s pronouncement regarding inflation.

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The survey of 1,000 Adults was conducted on October 9-10, 2010 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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