Brazil Weighs Lender Curbs as Debt Hits Record
Brazils central bank is considering new lending curbs to address rising household debt burdens. Officials plan to target lenders rather than cap consumer debt service directly.
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Brazil is preparing measures to curb consumer debt after household debt service reached a record 26.6% in June. The central bank is weighing lender-level curbs rather than an international debt service cap. Policymakers are targeting high-cost credit products as consumer financial stress mounts despite rising incomes.
