Eurozone March M3 money supply annual rate at 3.6%, expected 4%, prior 4.00%.

Eurozone March M3 money supply annual rate at 3.6%, expected 4%, prior 4.00%.

The Eurozone's broadest measure of money supply, M3, grew at an annual rate of 3.6% in March, according to the latest data from the European Central Bank (ECB). This figure is slightly below the expected rate of 4%, and down from the prior period's rate of 4.00%.

In March, the M3 money supply in the Eurozone reached 10.6 trillion euros, up from 10.2 trillion euros in February. This growth reflects an increase in both M1 and M2 aggregates, with M1 growing by 2.5% and M2 by 3.7% year-on-year.

The ECB's monetary policy has been a significant factor in the Eurozone's economic recovery. The central bank has maintained an accommodative stance, keeping interest rates low to stimulate economic growth and inflation. The recent slowdown in M3 growth may indicate a cautious approach to monetary policy, as the ECB seeks to balance the need for economic recovery with the risks of inflation.

Looking ahead, the ECB is expected to continue its gradual normalization of monetary policy, with a potential increase in interest rates later this year. This could have implications for the Eurozone's money supply and economic growth.

References:

[1] https://www.tradingview.com/news/reuters.com,2025-04-25:newsml_SEEwj8JDa:0-romania-s-m3-money-supply-grows-9-y-y-in-march/
[2] https://data.ecb.europa.eu/
[3] https://ec.europa.eu/eurostat/news/euro-indicators