About
David Chaston is the publisher of interest.co.nz and is commited to ensuring readers get the latest information on interest rates, and the forces that move them.
David Chaston
Latest articles
US July CPI result stays high but equity markets bet it will allow a Fed rate cut; US Federal deficit swells; India inflation falls; RBA cuts; UST 10yr at 4.29%; gold and oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.2
13th Aug 25, 7:30am
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US July CPI result stays high but equity markets bet it will allow a Fed rate cut; US Federal deficit swells; India inflation falls; RBA cuts; UST 10yr at 4.29%; gold and oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.2
A review of things you need to know before you sign off on Tuesday; markets absorb ANZ rate cuts, truckometer reveals weakish demand, much less concrete poured, Alliance now has a plan, swaps stable, NZD softish, & more
12th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Tuesday; markets absorb ANZ rate cuts, truckometer reveals weakish demand, much less concrete poured, Alliance now has a plan, swaps stable, NZD softish, & more
China car sales jump, especially NEVs; another China property developer liquidates; India struggles to defend rupee; US governance standards collapse; UST 10yr at 4.27%; gold soft but oil firms; NZ$1 = 59.3 USc; TWI-5 = 67.2
12th Aug 25, 7:20am
77
China car sales jump, especially NEVs; another China property developer liquidates; India struggles to defend rupee; US governance standards collapse; UST 10yr at 4.27%; gold soft but oil firms; NZ$1 = 59.3 USc; TWI-5 = 67.2
The fall in term deposit rates has probably picked up steam after ANZ's -15 bps cuts. But at least Kiwibank now offers an above 4% rate. How long will that last?
11th Aug 25, 7:28pm
The fall in term deposit rates has probably picked up steam after ANZ's -15 bps cuts. But at least Kiwibank now offers an above 4% rate. How long will that last?
ANZ shakes up the winter home loan market with new lower fixed rates. But these cuts are being 'paid for' by matching or larger cuts in term deposit rates
11th Aug 25, 5:53pm
7
ANZ shakes up the winter home loan market with new lower fixed rates. But these cuts are being 'paid for' by matching or larger cuts in term deposit rates
[updated]
A review of things you need to know before you sign off on Monday; ANZ cuts mortgage rates, Kiwibank raises a key TD rate, grocery prices rise slightly faster, new temporary workforce visas, swaps on hold, NZD stable, NZX50 rises, & more
11th Aug 25, 4:00pm
10
A review of things you need to know before you sign off on Monday; ANZ cuts mortgage rates, Kiwibank raises a key TD rate, grocery prices rise slightly faster, new temporary workforce visas, swaps on hold, NZD stable, NZX50 rises, & more
Eyes on the RBA; no China inflation; world food prices inch higher; Japan gets US 'mistake' corrected; Taiwan shines again; Lactalis in box seat; UST 10yr at 4.28%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
11th Aug 25, 7:19am
21
Eyes on the RBA; no China inflation; world food prices inch higher; Japan gets US 'mistake' corrected; Taiwan shines again; Lactalis in box seat; UST 10yr at 4.28%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
Meat & dairy prices rise; Canadian jobs ease; Japan households edgy; US fixed mess on Japanese tariffs; Taiwan exports shine; UST 10yr at 4.29%; gold holds awaiting clarification but oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.3
9th Aug 25, 8:03am
23
Meat & dairy prices rise; Canadian jobs ease; Japan households edgy; US fixed mess on Japanese tariffs; Taiwan exports shine; UST 10yr at 4.29%; gold holds awaiting clarification but oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.3
[updated]
A review of things you need to know before you sign off on Friday; retail card activity moribund, FMA warns about scams featuring politicians, beef prices skyrocket, carbon price dormant, swaps stable, NZD holds, & more
8th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Friday; retail card activity moribund, FMA warns about scams featuring politicians, beef prices skyrocket, carbon price dormant, swaps stable, NZD holds, & more
US jobless claims stay high, inflation expectations do too; US farm trade turns negative; the BofE cuts its policy rate; China subsidises personal loans; UST 10yr at 4.25%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
8th Aug 25, 7:26am
35
US jobless claims stay high, inflation expectations do too; US farm trade turns negative; the BofE cuts its policy rate; China subsidises personal loans; UST 10yr at 4.25%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
A review of things you need to know before you sign off on Thursday; inflation easing; landlording tough, asking prices fall, dairy outlook strong, sheep meat problematic, finance people on the move; swaps stable, NZD stable, & more
7th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Thursday; inflation easing; landlording tough, asking prices fall, dairy outlook strong, sheep meat problematic, finance people on the move; swaps stable, NZD stable, & more
US data mixed; Canadian house prices fall as volumes rise; India holds; China announces new subsidy; Aussie living cost pressure eases; Cook Islands a hub for deepsea mining; UST 10yr at 4.22%; gold and oil soft; NZ$1 = 59.4 USc; TWI-5 = 67.1
7th Aug 25, 7:21am
34
US data mixed; Canadian house prices fall as volumes rise; India holds; China announces new subsidy; Aussie living cost pressure eases; Cook Islands a hub for deepsea mining; UST 10yr at 4.22%; gold and oil soft; NZ$1 = 59.4 USc; TWI-5 = 67.1
A review of things you need to know before you sign off on Wednesday; Cotality sees a buyers market, jobless rate rises, dairy prices hold, universal RUCs coming, Kiwibank shamed, swaps soft, NZX50 firmish, NZD firm, & more
6th Aug 25, 4:00pm
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A review of things you need to know before you sign off on Wednesday; Cotality sees a buyers market, jobless rate rises, dairy prices hold, universal RUCs coming, Kiwibank shamed, swaps soft, NZX50 firmish, NZD firm, & more
US ISM services PMI in stagflationary phase; US household debt rises, student loan arrears swell; India services PMI booms; China services PMI improves; UST 10yr at 4.20%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 66.9
6th Aug 25, 7:18am
24
US ISM services PMI in stagflationary phase; US household debt rises, student loan arrears swell; India services PMI booms; China services PMI improves; UST 10yr at 4.20%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 66.9
A review of things you need to know before you sign off on Tuesday; only minor retail rate changes, commodity prices dip; horticulture expands and automates, eyes on dairy prices, swaps fall, NZX50 rises, NZD holds, & more
5th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Tuesday; only minor retail rate changes, commodity prices dip; horticulture expands and automates, eyes on dairy prices, swaps fall, NZX50 rises, NZD holds, & more
US factory order data weak; US vehicle sales get FOMO boost; flooding hurts Beijing; inflation lingers in Australia raising questions for the RBA; UST 10yr at 4.19%; gold firms and oil slips; NZ$1 = 59 USc; TWI-5 = 67
5th Aug 25, 7:19am
22
US factory order data weak; US vehicle sales get FOMO boost; flooding hurts Beijing; inflation lingers in Australia raising questions for the RBA; UST 10yr at 4.19%; gold firms and oil slips; NZ$1 = 59 USc; TWI-5 = 67
A review of things you need to know before you sign off on Monday; no retail rate changes but wholesale rates fall, Barfoot July sales up, prices dip, stock huge, dairy farmers borrowing big again, swaps fall, NZD eases, & more
4th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Monday; no retail rate changes but wholesale rates fall, Barfoot July sales up, prices dip, stock huge, dairy farmers borrowing big again, swaps fall, NZD eases, & more
Trump demands US data be sanitised; China PMIs show no progress, doubles down on consumer subsidies; India factories star again; markets go risk-averse; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
4th Aug 25, 7:19am
11
Trump demands US data be sanitised; China PMIs show no progress, doubles down on consumer subsidies; India factories star again; markets go risk-averse; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
US hit by larges jobs miss, shrinking factories; Ford says tariffs an own goal; China PMIs weaken, drives more subsidy support; India factories star; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
2nd Aug 25, 8:31am
25
US hit by larges jobs miss, shrinking factories; Ford says tariffs an own goal; China PMIs weaken, drives more subsidy support; India factories star; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
[updated]
A review of things you need to know before you sign off on Friday; past dues and late payments rise, house building sector bottoms out, consumers moods not improving, NZ faces 15% US tariffs, swaps firmish, NZD lower, & more
1st Aug 25, 4:00pm
20
A review of things you need to know before you sign off on Friday; past dues and late payments rise, house building sector bottoms out, consumers moods not improving, NZ faces 15% US tariffs, swaps firmish, NZD lower, & more
US data soft, inflation data higher; Canada holds on despite threats; Japan factories busy; China factories less busy; freight data shows mixed fortunes; UST 10yr at 4.36%; gold firms and oil falls; NZ$1 = 58.9 USc; TWI-5 = 67.4
1st Aug 25, 7:21am
10
US data soft, inflation data higher; Canada holds on despite threats; Japan factories busy; China factories less busy; freight data shows mixed fortunes; UST 10yr at 4.36%; gold firms and oil falls; NZ$1 = 58.9 USc; TWI-5 = 67.4
A review of things you need to know before you sign off on Thursday; some lower TD rates, Xero survey smells like recession; housing lending strong, households keep cash ready, huge demand for NZGBs, swaps soft, NZD falls, & more
31st Jul 25, 3:59pm
11
A review of things you need to know before you sign off on Thursday; some lower TD rates, Xero survey smells like recession; housing lending strong, households keep cash ready, huge demand for NZGBs, swaps soft, NZD falls, & more
US Fed holds but markets react sharply; US surprisingly exempts refined copper from key tariff hit; Canada holds, Singapore holds; Aussie inflation eases; UST 10yr at 4.37%; gold drops and oil rises; NZ$1 = 58.9 USc; TWI-5 = 67.2
31st Jul 25, 7:23am
13
US Fed holds but markets react sharply; US surprisingly exempts refined copper from key tariff hit; Canada holds, Singapore holds; Aussie inflation eases; UST 10yr at 4.37%; gold drops and oil rises; NZ$1 = 58.9 USc; TWI-5 = 67.2
A review of things you need to know before you sign off on Wednesday; business sentiment still weak, dairy prices hold, Kiwibank gets OK to sell shares to raise capital, life expectancy rises, swaps soft, NZD holds, & more
30th Jul 25, 3:59pm
5
A review of things you need to know before you sign off on Wednesday; business sentiment still weak, dairy prices hold, Kiwibank gets OK to sell shares to raise capital, life expectancy rises, swaps soft, NZD holds, & more
IMF firms global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much more debt raising; UST 10yr at 4.33%; gold and oil rise; NZ$1 = 59.6 USc; TWI-5 = 67.5
30th Jul 25, 7:20am
31
IMF firms global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much more debt raising; UST 10yr at 4.33%; gold and oil rise; NZ$1 = 59.6 USc; TWI-5 = 67.5