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BUSINESS

52% Still Expect Higher Interest Rates A Year From Now

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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