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Free AccessBiden's Approval Rating Strengthens Ahead Of FY24 Budget Day
The approval rating of President Joe Biden continues to strengthen ahead of his Fiscal Year 24 budget release on Thursday.
- According to FiveThirtyEight, Biden's approval sits at 43.7%, marginally below the 44.1% high the President experienced in mid-January.
- President Biden will unveil his FY24 presidential budget during a “campaign-style” event at a Philadelphia union hall on Thursday.
- Reuters writes that Biden, "plans to unveil his upcoming budget proposal to Congress with unusual fanfare on Thursday, holding a campaign-style event intended to trumpet an economic agenda imperiled by high inflation and Republican debt limit threats.”
- Punchbowl News: “Like his Philadelphia appearance in September on the “Continued Battle for the Soul of the Nation” or his speech at the DNC Winter meeting just a month ago, Biden is making sure to keep the biggest city in this pivotal 2024 swing state at the top of his travel agenda.”
Figure 1: President Joe Biden Approval Rating (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.