Sentences with phrase «buildup of household debt»

Empirical research shows that a buildup of household debt in the economy makes a financial crisis more probable, so we wanted to understand the costs and benefits of leaning against financial imbalances through tighter monetary policy.

Not exact matches

The IIF said Argentina, Nigeria, Turkey and China recorded the largest buildup in debt ratios over the year, the latter fueled by ongoing growth in indebtedness of households and the nation's finance sector.

Growth in household credit has remained relatively stable at around 5.5 per cent since the beginning of the year, a pace below the historical average (Chart 22), following an extended period of rapid growth that led to a substantial buildup in household debt.