Cliff Taylor

speaker
1,456 appearances 11 recordings 2 series first heard Apr 2026 last heard 5d ago

Cliff Taylor’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 11 in all, peaking in Jun 2026 with 3.

Appearances

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3.5%, 3.6% is troublesome for the government for sure.
It's going to ease into wage increases, it's going to lead to more demands from the public sector unions and it could go up further over the rest of the year.
Now I suppose there's two factors to watch.
in trying to judge what's going to happen.
One is, of course, what happens in the Middle East, what happens to oil prices.
They've gone up a bit again.
Brent's kind of around $110, $112 a barrel.
Because this thing is dragging on, there isn't
wide-scale fighting going on between the US and Iran, but nor is there a solution or one apparently in sight.
The Iranians presented a proposal last weekend.
Donald Trump has said he doesn't like it.
It's very hard for us to know what's going on behind the scenes.
Clearly, Trump wants to get this fixed.
He probably wants to get it fixed before he goes to see the Chinese President Xi in the middle of May, ideally, or at least some of the heat taken out of it, because otherwise that meeting could be a bit awkward diplomatically for both sides and it's a really big deal from both of their points of view.
But whether that can happen or not, we don't know.
Iran may have an incentive to continue on blocking the strait.
So there is that risk of oil and gas prices remaining high and going higher.
And who knows how much higher if things did get bad again.
The second...
thing I think to look out for is the kind of spread of inflation through the economy.
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