Pantheon Macroeconomics - Friday's money supply data in the euro area show that liquidity support for the economy remained firm mid-way through Q2. Headline M3 rose by 8.9% year-over-year
in May, accelerating from a revised 8.2% increase in April, and extending its ascent from around 5% before the Covid-19 shock.

Eurozone | 29 June 2020 More Bullish Money Supply Data in the Eurozone, M1 is Soaring
Friday's money supply data in the euro area show that liquidity support for the economy remained firm mid-way through Q2. Headline M3 rose by 8.9% year-over-year in May, accelerating from a revised 8.2% increase in April, and extending its ascent from around 5% before the Covid-19 shock.

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29 June 2020 More Bullish Money Supply Data in the Eurozone, M1 is Soaring

By Claus Vistesen

Friday's money supply data in the euro area show that liquidity support for the economy remained firm mid-way through Q2. Headline M3 rose by 8.9% year-over-year in May, accelerating from a revised 8.2% increase in April, and extending its ascent from around 5% before the Covid-19 shock.

Posted: 29th Jun 2020 in 'Eurozone'

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