5 stories tagged #household debt

  1. Bank of Canada Warns of Rising Vulnerabilities Amid Global Volatility
    finance

    Bank of Canada Warns of Rising Vulnerabilities Amid Global Volatility

    The Bank of Canada's Financial Stability Report highlights risks from geopolitical shocks, household debt, AI threats, and trade uncertainty.

    5d ago 1 min read
  2. New Bank of Korea Board Member Flags Heightened Inflation Risks
    finance

    New Bank of Korea Board Member Flags Heightened Inflation Risks

    Kim Jin-ill says oil prices and Middle East conflict are driving renewed inflation worries for South Korea.

    2w ago 1 min read
  3. Canadian Consumer Insolvencies Hit Highest Level Since 2009 Amid Soaring Debt
    finance

    Canadian Consumer Insolvencies Hit Highest Level Since 2009 Amid Soaring Debt

    Consumer insolvencies in Canada reached a 17-year high in Q1 2026, with 37,121 filings driven by unmanageable household debt and economic strain.

    3w ago 1 min read
  4. Brazil Unveils New Measures to Curb Record Household Debt
    finance

    Brazil Unveils New Measures to Curb Record Household Debt

    Brazil announces steps to ease household debt, including FGTS withdrawals and renegotiations, amid a 15% Selic rate.

    last mo. 1 min read
  5. Bank of Korea Nominee Backs Won Stablecoins for Future Currency Ecosystem
    finance

    Bank of Korea Nominee Backs Won Stablecoins for Future Currency Ecosystem

    Bank of Korea governor nominee Shin Hyun-song expresses support for introducing won-denominated stablecoins, seeing them as a future component of the currency ecosystem alongside central bank digital currencies.

    last mo. 1 min read