Skip to content
Wealth
Living

Inflation or Recession: Americans Are Divided on Rate Hikes

A new study from the Harris Poll shows respondents are split on the key question facing the Federal Reserve. 

Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. 

Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. 

Photographer: Al Drago/Bloomberg

The latest in the long list of things Americans are divided on? Interest rate hikes. 

Half of the country wants to tame inflation quickly, even if it means a recession, according to an exclusive study from the Harris Poll. The other half would prefer avoiding a recession, regardless of inflation ticking higher.