Rodrigo Catril
speaker
7,882 appearances
78 recordings
1 series
first heard Sep 2024
last heard 3 Sep
Rodrigo Catril’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 35 in all, peaking in Jul 2026 with 5.
Appearances
And if that kind of goes smoothly, then he could be ready to be the new PM around the 17th of July.
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Otherwise, it could take a bit longer.
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Yeah, so the important sort of takeaway from that is that you've seen, if you like, this divergence between the headline, which is certainly, you know, being pushed higher by gasoline prices,
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But when you look at those three measures of core readings, they're actually a little bit more stable.
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We've seen the trim mean and the weighting median flat around 2 and 2.1%, so no major increases.
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And the common component, which is the other preferred measure by the Bank of Canada, just up 20 basis points.
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Once you put sort of the energy dynamic to one side, the inflationary pressures in Canada are not huge and nothing compared to what we're seeing here in Australia.
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And of course, the other component that we need to bear in mind is that Canada is technically in a technical recession.
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They had a nasty Q4 and a Q4 GDP reading, and then they also had a small contraction in Q1, which makes it a technical recession.
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The dynamics for the Bank of Canada then is that you still see an economy that is struggling, but the inflationary pressures are very much driven by what's going on with energy prices, which plays to the view that it's very likely the Bank of Canada will stay on the sidelines and see through all the supply shock in terms of energy prices, unless you see evidence of secondary effects, which at the moment seem to be very subdued in Canada.
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Yeah.
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I think that that's one of the big questions.
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The manufacturing sector in the US was very strong.
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And not only we've seen Europe and the UK slowing, but actually going into contracturing mode when you look at the composite reading.
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So that contrast will be super important in terms of how markets perceive economies performing.
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And then Japan was also slowing too.
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So yeah, it will be interesting if we see an extension, if you like, of the same themes or maybe hopefully a bit of a reversal as well.
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Yes, so I suppose there's always a bit of interest in who is who and who is saying what within the ECB, given there's so many of them, and it's often...
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different views, so that will be important.
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Showing 921–940 of 7,882 · page 47 of 395
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