Sentences with phrase «elevated household debt levels»

On the domestic front, elevated household debt levels continue to be a concern and would deter the central bank from cutting rates further.

Not exact matches

They also fear that at such elevated levels, many Canadian households would be unable to withstand a financial shock such as a loss of income, or a sudden spike in interest rates that raised debt services charges.

At the same time, it warned risks remain elevated, particularly high household debt levels, and measures to rein in loans to the most highly indebted households will take time to work.

Poloz then specified that these uncertainties comprise: inflation, the degree of excess capacity, continued softness in wage growth, and the elevated level of household debt.