WG Economy: What Impact Did The Fed's Decision Have?

WG Economy | David Winston

September 25, 2024

The long-awaited Fed decision to cut interest rates was announced last wee. While inflation has moderated from its peak in 2022, consumers are left with a 20% cumulative price increase since the beginning of the Biden administration. Did the Fed's decision to declare victory have any impact on how voters see the economy?

Data from the latest survey for Winning the Issues (September 18-19; 1,000 registered voters) sheds some light on this question. Since the announcement we have seen more improvement in the percentage saying inflation is getting better (21%) up to 28%. This movement has come mostly from Democrats (going from 35% better to 49%) and some from independents (16% to 25%). However half the electorate still believes inflation is worse (49%), so there has been some moderating of views about inflation but not much.

WG Discussion Points: Our 2024 Party ID Guide

for National Surveys

WG Discussion Points | David Winston

September 20, 2024

We are approaching the closing weeks of the election, and should anticipate national polls to come out showing varied results. As we've done in past campaign seasons, we are releasing our updated party identification chart showing trending of party ID at the Congressional level which also allows a comparison between off-year and on-year differences. Typically for the on-year election, the Presidential party ID and Congressional party ID are almost virtually the same. These percentages in the chart are based on Edison exit polls going back to 1984 with the percentage of Republicans in red, Democrats in blue, and independents in green. These percentages are self-identified party identification, not party registration.

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