The growth rates of the various measures of broad money have remained robust even after the Fed halted its large-scale asset purchases late last year. For 2014 as a whole, M3*, our estimate of the broadest measure of money, increased by 6.0%.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services