{"id":66638,"date":"2017-09-17T23:00:45","date_gmt":"2017-09-17T16:00:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/growing-risk-of-debt-trap-if-interest-rates-stay-low-say-central-bankers\/"},"modified":"2017-09-17T23:29:12","modified_gmt":"2017-09-17T16:29:12","slug":"growing-risk-of-debt-trap-if-interest-rates-stay-low-say-central-bankers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/growing-risk-of-debt-trap-if-interest-rates-stay-low-say-central-bankers\/","title":{"rendered":"Growing risk of 'debt trap' if interest rates stay low, say central bankers"},"content":{"rendered":"


\nNear-zero rates have spurred borrowing and left consumers, businesses and governments at risk, says Basel institutionA new warning has been issued about the growing risk of a \u201cdebt trap\u201d if interest rates around the world stay near zero, which has encouraged borrowing by households, businesses and governments.The Bank for International Settlements \u2013 known as the central bankers\u2019 bank \u2013 highlighted the vulnerability of consumer, business and government finances to interest rate increases in its 174-page quarterly report. Claudio Borio, the head of the monetary and economic department, described this as \u201ca defining question for the global economy\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Growing risk of ‘debt trap’ if interest rates stay low, say central bankers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Near-zero rates have spurred borrowing and left consumers, businesses and governments at risk, says Basel...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-66638","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-hkO","jetpack-related-posts":[{"id":70434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-jump-in-uk-consumer-borrowing-fuels-likely-interest-rate\/","url_meta":{"origin":66638,"position":0},"title":"Big jump in UK consumer borrowing fuels likely interest rate","date":"October 30, 2017","format":false,"excerpt":"\r The 9.9% annual growth figure further adds to concerns of unmanageable debt among UK households as Bank of England meets to set borrowing rates Consumers maintained their borrowing habit in September, as a near-double-digit increase in lending to households left the Bank of England on track to raise interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-slump-before-interest-rates-decision\/","url_meta":{"origin":66638,"position":1},"title":"UK mortgage approvals slump before interest rates decision","date":"October 30, 2023","format":false,"excerpt":"\r Remortgaging at lowest level since January 1999 as borrowers face higher repaymentsUK mortgage approvals slumped in September amid mounting signs of stress in the property market, according to official figures before the Bank of England\u2019s next decision on interest rates on Thursday.Figures from the central bank showed net borrowing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-you-need-to-know-about-negative-interest-rates\/","url_meta":{"origin":66638,"position":2},"title":"All you need to know about negative interest rates","date":"February 5, 2021","format":false,"excerpt":"\r The Bank of England says a cut below zero is not imminent but how could it affect mortgages, loans and savings?The Bank of England has told high street banks and building societies they have six months to prepare for negative interest rates. BoE policymakers stressed that the request did\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-applications-on-the-decline\/","url_meta":{"origin":66638,"position":3},"title":"Mortgage applications on the decline","date":"February 21, 2018","format":false,"excerpt":"\r Michael Fratantoni, Senior Vice President of Mortgage Bankers Association discusses why borrowing has slowed down because of interest rates that continue to rise.\r \r Source : cnbc.com\r Read more...Mortgage applications on the decline","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":426,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/further-pain-for-uae-homeowners-with-mortgage-rate-rises-in-store\/","url_meta":{"origin":66638,"position":4},"title":"Further pain for UAE homeowners with mortgage rate rises in store","date":"December 21, 2015","format":false,"excerpt":"\r \r Home financers are set to come under pressure to raise mortgage costs for the first time since the financial crisis as interbank borrowing rates spike.It follows the first rate rise by the US Federal Reserve in almost a decade, and a 17 per cent jump in UAE interbank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-housing-risk-overstated-and-central-bank-unlikely-to-cut-rates-says-treasurer\/","url_meta":{"origin":66638,"position":5},"title":"Australian housing risk \u2018overstated\u2019 and central bank unlikely to cut rates, says Treasurer","date":"October 11, 2016","format":false,"excerpt":"\r Australia\u2019s Treasurer Scott Morrison has insisted the debate on Australia\u2019s housing market is prone to exaggeration, even as Sydney property prices rise anew, and indicated he does not see much appetite at the central bank for further cuts in the nation\u2019s already record-low interest rates. There\u2019s \u201cno evidence\u201d the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66638"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=66638"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=66638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=66638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=66638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}