S&P: How The Oil Price Spike Adds To Inflationary Pressure On European Consumer ABS

How The Oil Price Spike Adds To Inflationary Pressure On European Consumer ABS (00:08:31 min)

Borrowers of loans backing European consumer ABS face renewed pressures on their finances in the form of elevated inflation, including rising oil prices. This also brings the prospect of monetary policy tightening to the fore, with central bank rhetoric becoming increasingly hawkish. In this CreditMatters TV segment, Andrew South, Head of European Structured Finance Research, discusses the changing risks for consumers' creditworthiness and how these may affect ratings in related ABS transactions.

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