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BUSINESS

58% Expect Higher Interest Rates Next Year

Most Americans continue to expect higher interest rates in a year’s time, while the number already paying higher rates remains at a high.

A new Rasmussen Reports national telephone survey finds that 58% of American Adults think interest rates will be higher in a year. That’s up two points from August and 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 stayed in the 40s over the past couple years. 

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The survey of 1,000 American Adults was conducted on September 15-16, 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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