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Market fears of rising inflation push up interest rates

Kia ora.

Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from Interest.co.nz.

Today we lead with news US benchmark interest rates rose notably after their apparently strong labour market report.

But first, locally this week it will be about migration and travel data for April, possibly plus the May PMIs.

In Australia, we will be watching for the April building permit data, along with updates for May for their consumer and business confidence surveys.

In the US, they will…

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