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Eurozone April M3 money supply +1.9% vs +2.1% y/y expected

Prior +2.5%Broad money growth continues to slow down considerably in the euro area and this might be a bit of a concern as credit conditions tighten further amid the rate hikes by the ECB. This will definitely be a spot to watch in the months ahead in assessing overall credit and financial conditions as well as the economic outlook in general. This article was written by Justin Low at www.forexlive.com... Read More

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Eurozone

April

Money

Supply

Expected

Forex

Posted: May 30 2023, 08:00

Author Name: forexlive

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