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Data: Axios/Ipsos poll; Chart: Axios Visuals

Americans' trust in the Federal Reserve increased significantly this month in the latest Axios/Ipsos poll, rising for the second straight month and by the most since questions about the central bank were added to the survey in May.

By the numbers: Trust jumped by 7 percentage points, with 42% of respondents saying they had at least a fair amount of trust in the Fed.

  • The percentage of people who say they trust the Fed a fair amount rose 7 percentage points from November's survey while the percentage who say they trust the fed a great deal was unchanged.
  • The percentage who say they have no trust at all in the Fed declined to the lowest it has been since May.
  • Still, at 18%, the percentage of respondents who say they have no trust at all remains more than three times greater than the percentage who say they have a great deal of trust in the Fed (5%).

From the source: "I think the biggest factor is the election isn’t ongoing and Trump and Fox News are not complaining about the Fed anymore," Chris Jackson, SVP of public affairs at Ipsos, tells Axios. "Without attacks, it is reverting back to a more neutral/positive position."

The big picture: Trust in the Fed remains negative and well below where it was in May when 47% of those polled said they had at least a fair amount of trust and 51% said they had not very much or no trust at all.

Go deeper

Dion Rabouin, author of Markets
Jan 19, 2021 - Economy & Business

Economic growth is slowly returning

Data: New York Fed; Chart: Axios Visuals

The New York Fed's index of real-time data indicators shows the reversal of the economy's progress in late December and early January, but it moved upwards again last week.

Driving the news: Central bankers said the index's rise for the week of Jan. 9 was due to increases in tax withholding, fuel sales and rail traffic, which countered disappointing numbers for initial unemployment insurance claims and a decrease in electricity output.

Updated 6 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Health: Most vulnerable Americans aren't getting enough vaccine information — Fauci says Trump administration's lack of facts on COVID "very likely" cost lives.
  2. Politics: Biden unveils "wartime" COVID strategyBiden's COVID-19 bubble.
  3. Vaccine: Florida requiring proof of residency to get vaccine — CDC extends interval between vaccine doses for exceptional cases.
  4. World: Hong Kong to put tens of thousands on lockdown as cases surge.
  5. Sports: 2021 Tokyo Olympics hang in the balance.
  6. 🎧 Podcast: Carbon Health's CEO on unsticking the vaccine bottleneck.

Trump impeachment trial to start week of Feb. 8, Schumer says

Senate Majority Leader Chuck Schumer. Photo: The Washington Post via Getty

The Senate will begin former President Trump's impeachment trial the week of Feb. 8, Majority Leader Chuck Schumer announced Friday on the Senate floor.

The state of play: Schumer announced the schedule after reaching an agreement with Republicans. The House will transmit the article of impeachment against the former president late Monday.