Sentences with phrase «household debt concluded»

Not exact matches

Poloz's press conference followed the release of the central bank's December Financial System Review, which concluded that a record household debt burden makes Canada vulnerable to a housing crash, although policy makers see little reason to think that will happen.

Atif Mian, an economics professor at Princeton, and Amir Sufi, a professor of finance at the University of Chicago, conclude that economic disasters are «almost always» preceded by a large increase in household debt.