Free Trial

Biden Approval Rating Remains Below Key Benchmark Despite Campaign Recovery

US

President Biden's approval rating remains below 40% - often seen as a key benchmark for a successful re-election campaign - despite a recent surge in head-to-head polling with former President Donald Trump and improved standing on betting markets.

  • The economy is still a vulnerability for Biden. He said in a statement following today's hotter-than-expected CPI report: "Today’s report shows inflation has fallen more than 60% from its peak, but we have more to do to... I have a plan to lower costs for housing—by building and renovating more than 2 million homes—and I’m calling on corporations including grocery retailers to use record profits to reduce prices. Fighting inflation remains my top economic priority."
  • On Biden's other key vulnerability - border security - Biden said in an interview with Spanish-language broadcaster Univision aired yesterday that he intends to issue an executive order to limit migrant crossings at the US-Mexico border.
  • Biden: "We're examining whether or not I have that power… Some are suggesting that I should just go ahead and try it. And if I get shut down by the court, I get shut down by the court."

Figure 1: President Biden Approval Rating

Keep reading...Show less
192 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

President Biden's approval rating remains below 40% - often seen as a key benchmark for a successful re-election campaign - despite a recent surge in head-to-head polling with former President Donald Trump and improved standing on betting markets.

  • The economy is still a vulnerability for Biden. He said in a statement following today's hotter-than-expected CPI report: "Today’s report shows inflation has fallen more than 60% from its peak, but we have more to do to... I have a plan to lower costs for housing—by building and renovating more than 2 million homes—and I’m calling on corporations including grocery retailers to use record profits to reduce prices. Fighting inflation remains my top economic priority."
  • On Biden's other key vulnerability - border security - Biden said in an interview with Spanish-language broadcaster Univision aired yesterday that he intends to issue an executive order to limit migrant crossings at the US-Mexico border.
  • Biden: "We're examining whether or not I have that power… Some are suggesting that I should just go ahead and try it. And if I get shut down by the court, I get shut down by the court."

Figure 1: President Biden Approval Rating

Keep reading...Show less