Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.

Financial stability and financial risks

Adjustable-Rate Morgages

The rapid growth in the use of adjustable-rate morgages has probably strengthened the impact of monetary policy on economic activity. In terms of risk, the loans are far more complicated than traditional fixed-rate mortgage-credit loans, but so far they have been cheaper. Households with tight budgets might encounter problems in the event of even moderate interest-rate increases.