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

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

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But most of the forecasts, when you look at international forecasts, you look at, for example,

The indicators out of Germany in the last couple of days or the UK.

A lot of other countries are flirting with recession or worried about flirting with recession.

Most of the forecasts here, because of the momentum that we've had in the economy, are that growth will continue, albeit at a slower rate.

You would have to wonder if things got really bad on the oil front.

So, for example...

The Department of Finance came out with three scenarios in its forecast last week.

And one of them was a severe scenario in which inflation by the end of the year was 6.5%, 6.7% heading into next year.

And they still had the economy growing at the same time.

Now, you'd have to wonder if inflation does get that high, what kind of hit it would take on the economy.

I think you put a question mark against that.

Let's hope it doesn't get to that.

Endlessly.

The Department of Finance did refer to that actually in their forecast.

So they're saying consumer spending is still going to rise by a couple of percent this year.

And one of the reasons is that a lot of households have that leeway, if you like, in their finances.

Yeah, and also rumours that companies aren't hiring at the lower end like they used to.

It is.

It's hard to get under the skin of it, to be honest with you.

Some of it is...

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