UK M4 Money Supply m/m
Track UK M4 Money Supply m/m to gauge inflation trends and interest rate directions.
Overview
There is a positive correlation with interest rates. At the beginning of the economic cycle, an increased money supply encourages higher spending and investment, while later in the cycle, a growing money supply can result in inflation. Since November 2010, the source has shifted from a preliminary/final format to a single release.
Key Information
What it Measures
This metric indicates the change in the overall amount of domestic currency that is in circulation and held in banks.
Usual Effect
'Actual' figures exceeding 'Forecast' are favorable for the currency.
Source & Frequency
Bank of England (latest release) - https://www.bankofengland.co.uk/ • Data is released monthly, approximately 30 days after the conclusion of the month.
How Data is Derived
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Also Known As
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Acronym
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