2 hours ago The Bank's report, external besides says that little income households, including renters, are apt to beryllium much exposed to higher vigor prices.
"They walk a larger stock of their income connected essentials, limiting their quality to set spending successful effect to higher prices," it said.
However, overall, the study suggested that household finances remained resilient "even successful a challenging outer environment".
Household indebtedness remained debased comparative to humanities averages.
Although immoderate vulnerable, low-income households remained much exposed, it said indebtedness was improbable to pb to crisp reductions successful buying by consumers.
Elsewhere successful the report, the Bank said accelerated advances successful AI had led to heightened risks implicit cyber attacks.
It besides said valuations of AI stocks had go "more stretched" amid concerns of a bubble. The Bank sounded a akin informing successful December.
English (US)·