EU M3 Money Supply YoY (Mar) Y/Y 3.2% vs. Exp. 3.1% (Prev. 3%)
The EU M3 Money Supply growth came in slightly above expectations at 3.2%, compared to the forecast of 3.1%, although this represents a deceleration from the previous month's 3%.
[MARKET ANALYSIS] Energy upside weighs on fixed, though action is somewhat limited into the FOMC
US President Trump posts "Iran can’t get their act together. They don’t know how to sign a nonnuclear deal. They better get smart soon! President DJT"
EU M3 Money Supply YoY (Mar) Y/Y 3.2% vs. Exp. 3.1% (Prev. 3%)
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This could signal a nuanced impact on monetary policy considerations, as a slowdown in the growth rate may still align with the European Central Bank's cautious approach to tightening amidst ongoing inflation concerns.
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