FILE – President Joe Biden speaks at the White House Conservation in Action Summit at the Department of the Interior, March 21, 2023, in Washington. Approval of 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. (AP Photo/Evan Vucci, File)

WASHINGTON (AP) — Approval of President Joe Biden has dipped slightly since a month ago to 38%. That’s nearly the lowest point of his presidency, and comes as his administration tries to project a sense of stability while confronting a pair of bank failures and stubbornly high inflation. The new poll by The Associated Press-NORC Center for Public Affairs Research shows there have been modest fluctuations in support for Biden over the past several months. In February, 45% said they approved of him. 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.