Nu handlar det inte om M0 (mängden kontanter) utan M3 som tar med alla olika typer av bankkonton. M3 accelererade i juli efter att ECB sänkte IOER: Euro-zone money-supply growth accelerates in July
FRANKFURT (MarketWatch) — Money supply across the 17 nations that share the euro grew faster than expected in July, data from the European Central Bank showed Tuesday. M3, the broadest measure of money supply, expanded at an annual rate of 3.8% in July, accelerating from 3.2% in June. Economists had forecast a 3.3% annual increase. Meanwhile, private-sector loans from euro-zone institutions saw a 0.1% year-on-year rise in July after contracting 0.2% in June, the ECB said.