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Data: Axios/Ipsos survey; Note: Margin of error for the total sample is ±3.2%; Chart: Andrew Witherspoon/Axios

The latest Axios-Ipsos poll shows that Americans' trust in the Fed has been unmoved since last month, with far more Americans saying they have not very much or no trust in the central bank, despite the Fed's latest shift in policy to average inflation targeting.

The impact: The new stance will keep interest rates lower for longer and is expected to provide a boost to job seekers and lower-income Americans who historically have not shared in the nation's prosperity.

Yes, but: A recent survey from the Cleveland Fed found few Americans are aware of the policy change and those who did know didn't seem to care.

Why it matters: Mistrust of the Fed could put the central bank in the sights of Congress after November's election, as both Democrats and Republicans historically have gone after the institution following times of economic and political uncertainty.

Go deeper

Dec 23, 2020 - Health

Axios-Ipsos poll: Surviving COVID makes people take it more seriously

Data: Axios/Ipsos survey; Chart: Axios Visuals

People who have survived a coronavirus infection say the experience made them take the pandemic more seriously, according to an Axios/Ipsos survey— the first to focus exclusively on people who have contracted the virus.

The big picture: A vocal group of White House officials, state officials and conservative pundits have argued for months that the virus simply is not that big a deal for the people who don’t die or become seriously ill. But that’s not how those patients themselves see it.

16 mins ago - World

Former spy Steele defends controversial Trump Russia dossier

Former U.K. intelligence officer Christopher Steele arrives at the High Court in London in July 2020. Photo: Tolga Akmen/AFP via Getty Images

The author of the "Steele Dossier," containing unverified claims about former President Trump told ABC News he stands by his controversial report, according to excerpts from an upcoming documentary published Sunday.

Why it matters: Former U.K. intelligence officer Christopher Steele's dossier was used as part of former special counsel Robert Mueller's investigation into the Trump campaign's alleged links to Russia's government.

Ina Fried, author of Login
4 hours ago - Technology

Intel CEO sees making own chips as a matter of national security

Pat Gelsinger. Photo: Axios on HBO

Intel CEO Pat Gelsinger is putting the pressure on the U.S. government to help subsidize chip manufacturing, insisting the current reliance on plants in Taiwan and Korea as "geopolitically unstable."

Why it matters: There is bipartisan support for funding the domestic semiconductor industry, but Congress has yet to sign the check. The Senate has passed the CHIPS Act that includes $52 billion in semiconductor investment, but it has yet to pass the House.