ECB-Monetary developments in the euro area: March 2024
April 26, 2024-- Annual growth rate of broad monetary aggregate M3 increased to 0.9% in March 2024 from 0.4% in February
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Components of the broad monetary aggregate M3
The annual growth rate of the broad monetary aggregate M3 increased to 0.9% in March 2024 from 0.4% in February, averaging 0.4% in the three months up to March. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, was-6.7% in March, compared with -7.8% in February. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) decreased to 16.9% in March from 18.8% in February. The annual growth rate of marketable instruments (M3-M2) increased to 19.2% in March from 17.5% in February. |
ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |