Pessimism Over Interest Rates Rises
Most Americans continue to lack confidence in the Federal Reserve Board to keep interest rates down and expect to pay higher rates next year.
A new Rasmussen Reports national telephone survey finds that 43% of American Adults are now confident in the Federal Reserve Board to keep inflation under control and interest rates down. That’s down three points from February but consistent with attitudes for the past three years. However, this includes just 12% who are Very Confident in the Fed's ability to keep the economy under control. Fifty-four percent (54%) lack that confidence, including 19% who are Not At All Confident that the Fed can keep inflation under control and interest rates down. (To see survey question wording, click here.)
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The survey of 1,000 American Adults was conducted on August 25-26, 2015 by Rasmussen Reports. The margin of sampling error is +/- 3.5 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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