Eurozone April M3 money supply yy +4.9% vs +5.2% expected

Eurozone April lending data 29 May
– +5.3% prev
– adj household lending growth +2.4% yy vs prelim 2.4% in March
– non-financial corp lending +2.4% vs 2.3% prev,
Cheap money from the ECB still making its way into the economy even if not all as fast as they would have liked perhaps. Annual growth rates slowing.

Eurozone April M3 money supply yy +4.9% vs +5.2% expected

Eurozone April lending data 29 May
– +5.3% prev
– adj household lending growth +2.4% yy vs prelim 2.4% in March
– non-financial corp lending +2.4% vs 2.3% prev,
Cheap money from the ECB still making its way into the economy even if not all as fast as they would have liked perhaps. Annual growth rates slowing.