At a time when most Americans report they’re paying more for groceries compared to last year, confidence in the Federal Reserve Board’s ability to keep inflation under control has fallen to a new low for 2012.
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 that includes just nine percent (9%) who are Very Confident. Fifty-seven percent (57%) lack confidence in the Fed, with 19% 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 August 11-12, 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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