Level of confidence in the Fed to combat inflation
Survey of 198 members of the National Association for Business Economics conducted Aug. 1–9, 2022
Question: How confident are you that the Fed will be able to bring inflation down to its 2% goal without inducing a recession within the next 2 years?
A chart showing the results of a survey of 198 members of the National Association for Business Economics conducted Aug. 1–9, 2022, which asked "How confident are you that the Fed will be able to bring inflation down to its 2% goal without inducing a recession within the next 2 years?" 52% of respondents responded as being not very confident and 21% as not at all. Only 3% of respondents said that they were very confident.