menu search

RBNZ Hawkesby: Not currently seeing widespread financial distress amongst households or businesses

RBNZ Hawkesby: Not currently seeing widespread financial distress amongst households or businesses
According to RBNZ Financial Stability Report, debt servicing costs for households with mortgages are expected to more than double by the end of the year. Despite this, household balance sheets remain resilient, with most having substantial equity buffers. Early-stage arrears have increased but remain low compared to post-Global Financial Crisis levels. Banks’ strong capital positions […] The post RBNZ Hawkesby: Not currently seeing widespread financial distress amongst households or businesses a... Read More
Posted: May 2 2023, 04:07
Author Name: actionforex
Views: 081886

Search within

Pages Search Results: