The Aggregate Money Supply for the U.S., Eurozone and the UK, as measured in US dollar terms, plunged 4.94% in February on last year according to date released by the three central banks.
This was the biggest y/y drop in the money supply since June 2010.
The decline in the aggregate money supply was again driven by a strengthening of the US dollar and a further significant fall in the UK money supply.
This was the biggest y/y drop in the money supply since June 2010.
The decline in the aggregate money supply was again driven by a strengthening of the US dollar and a further significant fall in the UK money supply.
