MONEY SUPPLY
Steve Hanke
Johns Hopkins. Money supply, currency regimes and inflation forecasting from monetary aggregates.
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LAST PUBLISHED 16H AGO
Catch-Up
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. MonthA daily catch-up of talking heads, in fifteen minutes.
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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 16hPoland’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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Sentiment Heatmap
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