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    HomeNewsOpinionIs higher household borrowing a sign of consumer confidence or consumer distress?

    Is higher household borrowing a sign of consumer confidence or consumer distress?

    The MPC minutes imply that while lenders should be cautious, an increase in household borrowing is not a sign of distress, but instead a signal of increasing confidence that will support consumption and also increase capex, which in turn could power the economy 

    Manas Chakravarty
    October 23, 2023 / 09:32 IST
    The key for monetary policy, as Patra underlined, is to make certain that price stability is achieved on an enduring basis
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