Wednesday, October 05, 2011
Half of Americans nationwide believe the Federal Reserve Board chairman has too much power over the economy. Meanwhile, favorability ratings for current Chairman Ben Bernanke are at their lowest level yet recorded.
The latest Rasmussen Reports national telephone survey of American Adults shows that 51% believe the chairman of the Fed has too much power over the economy. Only nine percent (9%) disagree and say he does not have too much power while 21% say things are about right. Another 18% are undecided. (To see survey question wording, click here.)
The number of adults who feel the chairman has too much power has stayed in a fairly narrow range since October 2008 [LINK to 47% Say Congress Has More Power Over Economy Than President and Fed Chairman], but the latest finding is the highest measured since then.
Only 26% of Americans share a favorable view of Bernanke, including seven percent (7%) who view the chairman Very Favorably. Fifty-one percent (51%) view Bernanke unfavorably, with 29% who share a Very Unfavorable opinion of him. Another 24% have no opinion of the chairman.
The survey of 1,000 Adults was conducted on September 29-30, 2011 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.Rasmussen subscribers can log in to read the rest of this article.
ORBecome a member and get full access to all articles and polls starting at $4.95/month.
Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.
We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.
Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.
To learn more about our methodology, click here.