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Free AccessBiden's Approval Rating Touches Multi-Month Lows Despite 2024 Launch
US President Joe Biden's approval has failed to rebound from lows following his 2024 re-election campaign launch last week.
- According to RealClearPolitics, Biden's approval rating is currently tracking at 42.5%, the lowest aggregated figure since mid-January when Biden's approval touched 42.1% following the recovery of classified documents at private residences associated with the President.
- Spencer Kimball, Director of Emerson College polling, noted in a recent survey that Biden's approval is being dragged by independent voters: “Driving Biden’s lower approval this month is independent voters, 37% of whom approved of the president in February, which has dropped to 30% this month."
- Emerson College: "As the President announced his reelection bid Tuesday, a majority of Democratic voters (65%) think Biden should be the 2024 Democratic nominee, while 35% think it should be someone else. The share of Democratic voters who think Biden should be the nominee has decreased six points since February, from 71% to 65%."
Figure 1: President Biden Approval Rating
Source: RealClearPolitics
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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.