Approval of President Joe Biden has dipped slightly since a month ago, nearing the lowest point of his presidency as his administration tries to project a sense of stability while confronting a pair of bank failures and inflation that remains stubbornly high.

That’s according to a new poll by The Associated Press-NORC Center for Public Affairs Research, which shows there have been modest fluctuations in support for Biden over the past several months. The president notched an approval rating of 38% in the new poll, after 45% said they approved in February and 41% in January. His ratings hit their lowest point of his presidency last July, at 36%, as the full weight of rising gasoline, food and other costs began to hit U.S. households.

In recent months, approval of Biden had been hovering above 40%.

Interviews with poll respondents suggest the public has mixed feelings about Biden, who is expected to announce a reelection bid by this summer. When it comes to the president, people generally do not swing between the extremes of absolute loyalty and aggressive loathing that have been a feature of this era’s divided politics.... Read More: Associated Press