Monetary Policy & Inflation | US
Crackdown on Big Tech About to Get Stronger
- By Dominique Dwor-Frecaut
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- 3 minutes read
Today at 4 pm EST president Biden will hold a press conference to try to turn around his low approval ratings. From a market perspective, not much of significance is likely to come out of it. The presser is also unlikely to change the odds, 71% according to Predictit.com, of a GOP takeover of Congress in November. The administration does not have the levers, or the focus needed to turn around perceptions of its handling of inflation, the pandemic, or rising crime – currently the voters’ top concerns.
Today at 4 pm EST president Biden will hold a press conference to try to turn around his low approval ratings. From a market perspective, not much of significance is likely to come out of it. The presser is also unlikely to change the odds, 71% according to Predictit.com, of a GOP takeover of Congress in November. The administration does not have the levers, or the focus needed to turn around perceptions of its handling of inflation, the pandemic, or rising crime – currently the voters’ top concerns.
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