Apr 30, 2022 - Economy

3. Axios-Ipsos poll: The Fed knowledge gap

Percentage who say the Fed is tasked with:
Axios/Ipsos poll; Chart: Jacque Schrag/Axios

Most Americans are unaware of both goals of the Federal Reserve's dual mandate: stable prices and maximum employment, according to an Axios-Ipsos poll.

Why it matters: It's not surprising that public understanding of the Fed is so low. Most people aren't economists and have lives. But these are the Fed's biggest and most difficult jobs — and the poll shows how little Americans understand or appreciate them.

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