The Federal Reserve will meet this week to decide how to proceed with interest rates, and voters in the United States are still worried about inflation.
According to a Rasmussen Reports poll released on Friday, 87% of probable American voters say they are concerned about inflation, with 63% saying they are extremely concerned. Just 11% of people claim not to be concerned about inflation.
Republicans are 94% more likely than Democrats to express some anxiety about inflation. Eighty percent of people are highly worried. Eighty-five percent of independent voters, including 65 percent who are very concerned, are at least somewhat concerned. Just 46% of Democrats are extremely concerned, compared to 84 percent of Democrats who are somewhat concerned.
Just 19% believe that lifting the debt ceiling will improve inflation, while 47% believe it will worsen it. 25% of people believe it will not significantly change either way. Among those who are very concerned about inflation, 65% think raising the debt ceiling will make it worse.
With 66% of women reporting being extremely anxious vs 60 percent of men, women are slightly more inclined than men to be concerned about inflation.
63% of white people say they are very concerned about inflation. 51 percent of black voters report being extremely concerned. Seventy percent of other minority voters say they are very concerned.
Voters with higher incomes are less likely to express strong concern about inflation, whereas those with annual incomes under $30,000 are more likely to do so. The majority of voters who feel that the debt ceiling agreement will improve inflation are those with incomes exceeding $200,000.
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