Assessing the vulnerabilities from high household debt has become more complex over the past two years
For some households, rising interest rates and inflation may require a budget overhaul
The rating agency cited "persistently high debt levels"
Credit card debt rises for second straight month, outpacing mortgage growth
Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist
Higher rates should cool inflation, but low-income households face pain
Tighter monetary policy could derail deficit, debt reduction vision
Issuance declines in most categories, except investment grade corporates
Both household assets and debts are well above pre-pandemic levels, RBC reports
Credit market debt was 186.2% of household disposable income in Q4 2021, StatsCan reports