CH M2 Money Supply y/y
Track CH M2 Money Supply y/y to gauge inflation trends and interest rate directions in Switzerland's economy.
Overview
There is a positive correlation with interest rates. In the early stages of an economic cycle, an increasing money supply fosters greater spending and investment. However, later in the cycle, this expanded money supply can lead to inflation. The source does not have a consistent release schedule; therefore, events will be marked with a date range or labeled as 'Tentative' until the data is published.
Key Information
What it Measures
This represents the change in the total amount of domestic currency in circulation and deposits held in banks.
Usual Effect
If the 'Actual' figure exceeds the 'Forecast', it is considered favorable for the currency.
Source & Frequency
People's Bank of China (latest release) - http://www.pbc.gov.cn/english/index.html • This data is released monthly, approximately 13 days after the conclusion of the month.
How Data is Derived
N/A
Also Known As
Broad Money
Acronym
N/A