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Home Loan Rate Report: Signs pointing to slightly higher interest rates ahead

  • NZ interest rates are down a touch from July, reflecting a period of tax reform uncertainty in the US.
  • However, we expect this to be short-lived as US interest rates have begun to grind higher again.
  • Locally, bank funding costs remain a constraining factor despite the RBNZ sitting on the sideline.

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Chris Tennent-Brown

ASB Wealth Senior Economist

Chris has worked as an economist for ASB and Commonwealth Bank of Australia in Sydney since 2005. His work has involved monitoring and forecasting trends in the New Zealand economy, with a focus on drawing implications for financial markets and investments. Chris is passionate about savings issues, and much of his current work is focussed on broadening peoples understanding of investments. Chris obtained a Bachelor of Commence at Auckland University, majoring in Economics, and prior to joining ASB worked in the funds management industry for Bankers Trust and BT Funds Management. With over 20 years' experience in finance, Chris has also spent several years farming, and was a New Zealand representative cyclist. When not at work, Chris likes to travel, cycle, and spend time with his family and numerous pets.

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