Eurozone M3 Money Supply (YoY) above forecasts (2.6%) in August: Actual (2.9%)

Sep 26, 2024

Eurozone M3 Money Supply (3m) increased to 2.5% in August from previous 2%

SNB's Jordan: Further interest rate cuts may be necessary in coming quarters

After the Swiss National Bank (SNB) lowered the policy rate by another 25 basis points (bps) in the third consecutive meeting, Chairman Thomas Jordan explained the reason behind the move at the post-policy meeting press conference on Thursday.