Ewart S Williams: Some thoughts on a new regulatory regime for credit unions Feature address by Mr Ewart S Williams, Governor of the Central Bank of Trinidad and Tobago, at the Thirty-First Annual General Meeting of the Eastern Credit Union, St Joseph, 18 March 2005.
To be sure, mortgage rates and other consumer loan rates have come off the lows reached early this year, and concerns have been heightened about interest payment burdens for households. Although some households will be pressured by the higher rates, I believe the concerns can be overstated.