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Eurozone February M3 money supply +2.9% vs +3.2% y/y expected

Eurozone February M3 money supply +2.9% vs +3.2% y/y expected

News
Justin Low
27/03/2023 | 08:06 GMT
  • Latest data released by the ECB - 27 March 2023
EZ M3
  • Prior +3.5%

Broad money growth in the euro area continues to stagnate as the ECB drains up liquidity via their monetary actions but policymakers are reaffirming that banks in the region won't see a similar episode to SVB.

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