Karl Russo discusses how unexpected developments can disrupt the markets and change the agenda of policy makers. US multinationals continue to be concerned about how they may be affected by President Biden’s budget’s attempt to align the US with Pillar Two. Karl encourages companies to monitor how recent developments in the banking sector could affect discussions around interest rates and the debt limit.

IN THIS EPISODE
Karl Russo, Leader, PwC’s National Economics & Statistics Practice

And you can read our PwC Insight:
Treasury releases ‘FY24 Green Book’ describing Biden’s tax proposals for businesses

In case you missed it, watch:
Budget likely will not affect debt limit discussions

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