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Free AccessMNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday
Biden's Approval Rating Hits Record Low
President Biden's aggregated approval rating has today hit 37.6%, marking a record low of his presidency, according to FiveThirtyEight.
- Biden's approval rating briefly dipped below 38% during July of 2022, the peak of uncertainty over inflation and spiraling energy prices associated with the war in Ukraine.
- Although Biden appears outwardly dismissive of polling, the extended run of negative polling which began earlier this year during the standoff with Republicans over the debt ceiling, is likely to prompt more questions about his suitability for a second term during the Christmas break.
- Biden said in ad hoc remarks to reporters following a speech on Ukraine funding yesterday: "I'm not the only one who can defeat [Trump], but I will defeat him."
Figure 1: President Biden Approval Rating
Source: FiveThirtyEight
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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.