Having increased their borrowing, households are less inclined to let consumption growth run ahead of 9 / 11  BIS central bankers' speeches  growth in incomes for too long. Higher levels of debt also mean that household spending could be quite sensitive to increases in interest rates, something the Reserve Bank will be paying close attention to.
If we weaken Israel’s banking system, its customers will be the first to pay the price. We must bear in mind, when dealing with the banks, that a robust banking system is essential for customers, normal economic activity, and growth. 3.