71175628
commented on
As lending dried up and short-term deposits decreased, Eurozone money supply shrunk further. M1 dropped by 9.38% and M2 decreased by 1.62% in July.
The money supply is one of the main metrics monitored by the European Central Bank to check the impact of recent monetary policy tightening. The latest data will feed into the debate at the ECB's governing council over whether it should pause interest...
The money supply is one of the main metrics monitored by the European Central Bank to check the impact of recent monetary policy tightening. The latest data will feed into the debate at the ECB's governing council over whether it should pause interest...
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71175628 : Also inflation is here to stay!!! Raising the rates creates more chaos!