Editorial Representation of Steve Hanke
EDITORIAL REPRESENTATION

MONEY SUPPLY

Steve Hanke

Johns Hopkins. Money supply, currency regimes and inflation forecasting from monetary aggregates.

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Poland’s July inflation reading sits above target, and Hanke argues money growth remains too strong to be consistent with durable price stability. The concern is less the single 3.0% print than M3 expansion running well above the rate he sees as target-consistent.

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Inflation
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Poland’s inflation was 3.0% year over year in July, above the 2.5% target as M3 growth of 11.8% exceeds the 8.8% target-consistent rate. Month

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Editorial Representation of Steve Hanke Steve Hanke MONEY SUPPLY
HIGHER Strong
Inflation
Poland’s inflation was 3.0% year over year in July, above the 2.5% target as M3 growth of 11.8% exceeds the 8.8% target-consistent rate. DIRECTION ONLY
Month 16h
Editorial Representation of Steve Hanke Steve Hanke HIGHER Strong
Inflation Month 16h

Poland’s inflation was 3.0% year over year in July, above the 2.5% target as M3 growth of 11.8% exceeds the 8.8% target-consistent rate.

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