58% Lack Confidence in Fed To Keep Inflation Under Control, Interest Rates Down
Wednesday, September 12, 2012
Confidence in the Federal Reserve Board’s ability to keep inflation under control remains at the lowest level of 2012 as Americans overwhelmingly continue to report they are paying more for groceries compared to last year.
A new Rasmussen Reports national telephone survey finds that 37% of American Adults are at least somewhat confident that the Fed can keep inflation under control and interest rates down, but just 11% are Very Confident. Fifty-eight percent (58%) lack confidence in the Fed, with 15% who are Not At All Confident. (To see survey question wording, click here.)
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The survey of 1,000 American Adults nationwide was conducted on September 8-9, 2012 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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