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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
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Days have passed since the last +50 bps RBNZ rate hike, but no banks have changed retail rates yet, for either home loans or term deposits. And this is despite Adrian Orr calling out the banks over low rates for savers
25th Feb 23, 9:04am
17
Days have passed since the last +50 bps RBNZ rate hike, but no banks have changed retail rates yet, for either home loans or term deposits. And this is despite Adrian Orr calling out the banks over low rates for savers
US inflation resists the Fed; US new home sales rise and sentiment improves; Japanese inflation rises; Singapore suffers; China dumps central bank boss; UST 10yr 3.95%; gold weak and oil firm; NZ$1 = 61.6 USc; TWI-5 = 70.1
25th Feb 23, 8:40am
42
US inflation resists the Fed; US new home sales rise and sentiment improves; Japanese inflation rises; Singapore suffers; China dumps central bank boss; UST 10yr 3.95%; gold weak and oil firm; NZ$1 = 61.6 USc; TWI-5 = 70.1
[updated]
A review of things you need to know before you sign off on Friday; some juicy call rates, a new recovery visa, lower milk payout price, mortgage commitment slump, swaps stable, NZD stable, & more
24th Feb 23, 3:59pm
70
A review of things you need to know before you sign off on Friday; some juicy call rates, a new recovery visa, lower milk payout price, mortgage commitment slump, swaps stable, NZD stable, & more
US data resilient; Taiwan data weak; mad-cow confirmed in Brazil; Aussie migration boom underway; global trade contracts; UST 10yr 3.91%; gold down and oil holds; NZ$1 = 62.1 USc; TWI-5 = 70.3
24th Feb 23, 7:21am
76
US data resilient; Taiwan data weak; mad-cow confirmed in Brazil; Aussie migration boom underway; global trade contracts; UST 10yr 3.91%; gold down and oil holds; NZ$1 = 62.1 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Thursday; only minor retail rate changes today; a short forestry Inquiry, NZGB yields jump, swaps jump, NZD essentially unchanged, & more
23rd Feb 23, 3:59pm
95
A review of things you need to know before you sign off on Thursday; only minor retail rate changes today; a short forestry Inquiry, NZGB yields jump, swaps jump, NZD essentially unchanged, & more
US mortgage applications retreat, retail sales rise; Brazil on mad-cow watch; German sentiment up; Aussie wages up half their inflation rate; UST 10yr 3.90%; gold and oil lower; NZ$1 = 62.3 USc; TWI-5 = 70.4
23rd Feb 23, 7:21am
59
US mortgage applications retreat, retail sales rise; Brazil on mad-cow watch; German sentiment up; Aussie wages up half their inflation rate; UST 10yr 3.90%; gold and oil lower; NZ$1 = 62.3 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Wednesday; RBNZ raises by another +50 bps, imports surge, SMEs struggle, ESG 'a scam', swaps rise, NZD holds, & more
22nd Feb 23, 3:59pm
60
A review of things you need to know before you sign off on Wednesday; RBNZ raises by another +50 bps, imports surge, SMEs struggle, ESG 'a scam', swaps rise, NZD holds, & more
Dairy prices lower; US services sector expanding again; Canada inflation lower; German sentiment improves; RBA minutes show no hesitation; UST 10yr 3.94%; gold down and oil unchanged; NZ$1 = 62.2 USc; TWI-5 = 69.9
22nd Feb 23, 7:37am
126
Dairy prices lower; US services sector expanding again; Canada inflation lower; German sentiment improves; RBA minutes show no hesitation; UST 10yr 3.94%; gold down and oil unchanged; NZ$1 = 62.2 USc; TWI-5 = 69.9
Bonus saver interest rates have risen to their highest in eight years. But inflation has overwhelmed them. Savers will be in a tough spot until the battle against inflation is won
18th Feb 23, 9:00am
20
Bonus saver interest rates have risen to their highest in eight years. But inflation has overwhelmed them. Savers will be in a tough spot until the battle against inflation is won
Doubts about US leading index signals; Canadian PPI eases; Singapore's exports shrink; German PPI still high; commodity prices weaker; UST 10yr 3.83%; gold unchanged and oil lower; NZ$1 = 62.4 USc; TWI-5 = 70.2
18th Feb 23, 8:35am
46
Doubts about US leading index signals; Canadian PPI eases; Singapore's exports shrink; German PPI still high; commodity prices weaker; UST 10yr 3.83%; gold unchanged and oil lower; NZ$1 = 62.4 USc; TWI-5 = 70.2
A review of things you need to know before you sign off on Friday; storm cost impacts grow, households confident inflation battle will be won, new clauses to be inserted into contracts, swaps firm, NZD soft, & more
17th Feb 23, 3:59pm
33
A review of things you need to know before you sign off on Friday; storm cost impacts grow, households confident inflation battle will be won, new clauses to be inserted into contracts, swaps firm, NZD soft, & more
American PPI stays high & sticky; China housing retreats again; Aussie inflation expectations stay up; Aussie jobs market retreats; freight costs fall; UST 10yr 3.84%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 70.5
17th Feb 23, 7:19am
79
American PPI stays high & sticky; China housing retreats again; Aussie inflation expectations stay up; Aussie jobs market retreats; freight costs fall; UST 10yr 3.84%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Thursday; more TD rate rises, Crown Accounts reveal strong labour market, tourism recovers, swaps stay up, NZD retreats, & more
16th Feb 23, 3:59pm
49
A review of things you need to know before you sign off on Thursday; more TD rate rises, Crown Accounts reveal strong labour market, tourism recovers, swaps stay up, NZD retreats, & more
American retail sales shine, as does business investment; Canada housing struggles; Beijing tackles sagging demand; India exports dip; Lowe stands up to political heat; UST 10yr 3.75%; gold and oil down; NZ$1 = 62.8 USc; TWI-5 = 70.5
16th Feb 23, 7:20am
94
American retail sales shine, as does business investment; Canada housing struggles; Beijing tackles sagging demand; India exports dip; Lowe stands up to political heat; UST 10yr 3.75%; gold and oil down; NZ$1 = 62.8 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Wednesday; ASB profits rise, Ryman's lenders press, Fletcher profits drop, default KiwiSaver returns ugly, swaps firm, NZD firm, & more
15th Feb 23, 3:59pm
55
A review of things you need to know before you sign off on Wednesday; ASB profits rise, Ryman's lenders press, Fletcher profits drop, default KiwiSaver returns ugly, swaps firm, NZD firm, & more
American inflation stays sticky & persistent; Singapore raises taxes on the wealthy; Japan's GDP disappoints; India orders huge numbers of new jets; UST 10yr 3.75%; gold and oil down; NZ$1 = 63.3 USc; TWI-5 = 70.7
15th Feb 23, 7:18am
113
American inflation stays sticky & persistent; Singapore raises taxes on the wealthy; Japan's GDP disappoints; India orders huge numbers of new jets; UST 10yr 3.75%; gold and oil down; NZ$1 = 63.3 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Tuesday; State of Emergency; house prices sink, food prices rise, rents up, Aussie sentiment falls, swaps high but stable, NZD up, & more
14th Feb 23, 3:57pm
14
A review of things you need to know before you sign off on Tuesday; State of Emergency; house prices sink, food prices rise, rents up, Aussie sentiment falls, swaps high but stable, NZD up, & more
Inflation eases in the US and EU, but Indian inflation flares; Singapore's expansion slows while EU more optimistic; higher rates bite Aussie retailing; UST 10yr 3.72%; gold down and oil up; NZ$1 = 63.6 USc; TWI-5 = 71.1
14th Feb 23, 7:56am
52
Inflation eases in the US and EU, but Indian inflation flares; Singapore's expansion slows while EU more optimistic; higher rates bite Aussie retailing; UST 10yr 3.72%; gold down and oil up; NZ$1 = 63.6 USc; TWI-5 = 71.1
A review of things you need to know before you sign off on Monday; few retail rate changes, services expand faster, IAG profits from sharp premium hikes, many Auckland houses completed, swaps up again, NZD stable, & more
13th Feb 23, 3:59pm
48
A review of things you need to know before you sign off on Monday; few retail rate changes, services expand faster, IAG profits from sharp premium hikes, many Auckland houses completed, swaps up again, NZD stable, & more
China goes all-in on bank debt; Japan PPI high; India industrial production rise slows; US sentiment up, eyes on CPI; RBA governor in hot seat as scrutiny intensifies; UST 10yr 3.74%; gold and oil up; NZ$1 = 63.1 USc; TWI-5 = 70.6
13th Feb 23, 7:19am
34
China goes all-in on bank debt; Japan PPI high; India industrial production rise slows; US sentiment up, eyes on CPI; RBA governor in hot seat as scrutiny intensifies; UST 10yr 3.74%; gold and oil up; NZ$1 = 63.1 USc; TWI-5 = 70.6
US economic sentiment rises; Canada jobs up; China extends massive new loans; Japan gets new central bank governor; UST 10yr 3.74%; gold down and oil up; NZ$1 = 63.1 USc; TWI-5 = 70.6
11th Feb 23, 9:07am
25
US economic sentiment rises; Canada jobs up; China extends massive new loans; Japan gets new central bank governor; UST 10yr 3.74%; gold down and oil up; NZ$1 = 63.1 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Friday; a floating mortgage rate rise, retail sales rise, PMI better, China inflation risk, swaps up again, NZD stable, & more
10th Feb 23, 3:59pm
55
A review of things you need to know before you sign off on Friday; a floating mortgage rate rise, retail sales rise, PMI better, China inflation risk, swaps up again, NZD stable, & more
US data changes little; Fitch raises China's prospects; more inflation data released; OECD sees real household income gains; UST 10yr 3.60%; gold and oil little-changed again; NZ$1 = 63.5 USc; TWI-5 = 70.7
10th Feb 23, 7:19am
62
US data changes little; Fitch raises China's prospects; more inflation data released; OECD sees real household income gains; UST 10yr 3.60%; gold and oil little-changed again; NZ$1 = 63.5 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Thursday; job ads hold up, truck traffic activity lifts, ponzi & pyramid warning, a NZGB caught short, swaps invert more, NZD unchanged, & more
9th Feb 23, 3:59pm
84
A review of things you need to know before you sign off on Thursday; job ads hold up, truck traffic activity lifts, ponzi & pyramid warning, a NZGB caught short, swaps invert more, NZD unchanged, & more
American appetite for consumer debt dims; Fed officials say they are far from winning against inflation; India raises policy rate; Aussie cost pressure intensifies; UST 10yr 3.68%; gold and oil little-changed; NZ$1 = 63.2 USc; TWI-5 = 70.4
9th Feb 23, 7:20am
116
American appetite for consumer debt dims; Fed officials say they are far from winning against inflation; India raises policy rate; Aussie cost pressure intensifies; UST 10yr 3.68%; gold and oil little-changed; NZ$1 = 63.2 USc; TWI-5 = 70.4