Historical Year Data · 2022
Household Debt Service Ratio in 2022
Household Debt Service Ratio opened 2022 at 10.47% and closed at 10.74%, a +2.53% move for the year. The high of 10.74% was reached on October 1, and the low of 10.47% on January 1.
Open
10.47%
2022-01
Close
10.74%
4 data points
High
10.74%
Oct 1
Low
10.47%
Jan 1
Full Year Change
+2.53%
2021 Change
+13.01%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 10.47% | 10.47% | 10.47% | 10.47% | +0.00% |
| Apr | 10.68% | 10.68% | 10.68% | 10.68% | +0.00% |
| Jul | 10.57% | 10.57% | 10.57% | 10.57% | +0.00% |
| Oct | 10.74% | 10.74% | 10.74% | 10.74% | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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