Sentences with phrase «household debt position»

Not exact matches

Schembri's speech was the latest example of the Bank of Canada applying a subtle adjustment to its position on housing prices and household debt.

We upgraded our view on U.S. consumer discretionary stocks last fall and still believe that households are in a better position than they were just a few years ago: Consumer debt is down while household wealth is up, gasoline prices are much lower than a year ago and the U.S. is creating jobs at the fastest pace since the 1990s.

Like home ownership, households with higher income are more likely to hold debt, possibly since they are in a better position to service the debt (and therefore to obtain the mortgage in the first instance).