Norges Bank’s Monetary Policy and Financial Stability Committee considers the Norwegian financial system to be robust. Households and firms have solid debt-servicing capacity. Debt-to-income (DTI) ratios have declined over time across households, and vulnerabilities associated with high indebtedness have been reduced somewhat. At the same time, there is still a heightened risk of events that could weaken financial stability. It is important to maintain the resilience of the financial system so that vulnerabilities do not amplify an economic downturn.