Eurozone / UK money update: UK relative recovery
Eurozone and UK money trends have shown disappointingly small responses to policy easing. Continue reading
US money update: mixed signals
US narrow money is growing slowly, casting doubt on expectations of economic strength. Continue reading
Weaker monetary news
Early numbers suggest that global six-month real narrow money momentum fell back sharply in December. Continue reading
US broad money update: low household cash ratio
The share of money holdings in household financial wealth is near the bottom of its range since the mid-2000s, with equity exposure at a post-WW2 record. Continue reading