High inflation and rising interest rates are dominating the economic news. Karl Russo, PwC’s National Economics & Statistics Practice Leader, shares his insights on how these factors are affecting households and businesses and could impact the midterm elections.

Upcoming Webcast: ESG incentives in the Inflation Reduction Act will be the topic of conversation in PwC's October 4 Tax Readiness webcast series. To watch and listen in, register HERE.

In case you missed it:
Week in Review with Larry Campbell
Strategically addressing workforce risks
The ripple effect of UK's mini-budget

Happening this week:
The European Union’s Council of Economic and Financial Affairs (ECOFIN) will meet tomorrow, but is not scheduled to take action on the EU directive for Pillar Two.
An OECD Inclusive Framework meeting also will be held on Thursday.
The House is in recess until after the November 8 midterm elections.
The Senate is scheduled to return from its recess on October 11 to begin consideration of the national defense authorization act, but then will recess again until November 14.

IN THIS EPISODE
Karl Russo, PwC’s National Economics & Statistics Practice Leader
Sindhu Blume, Host, Policy on Demand
Scott McCandless, Host, Policy on Demand