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Explainers

  • March 3, 2014

    Household Spending and Debt

    Highlights the value of ‘prudent’ borrowing in enhancing welfare, but also the risks of over-indebtedness for households, the economy and financial stability. Discusses trends in household debt, various debt metrics and why monetary policy is concerned with how households use borrowed funds.
    Content Type(s): Explainers Topic(s): Financial stability