2min chapter

Moody's Talks - Inside Economics cover image

Economic Threats & Exponential Risk

Moody's Talks - Inside Economics

CHAPTER

Understanding the Financial Obligations Ratio and Household Debt

The chapter discusses the unexpected decrease in the financial obligations ratio, which is at its lowest since the end of 2021. Despite higher interest rates, households are in a solid financial situation with decreased demand for lending in some categories of borrowing.

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