Euro zone money supply growth slows

Euro zone money supply growth slows
Monday, 28 January 2008 11:12

Only another 10% points to go before we get to neutral! (Or is it 8?)

4.5% is the ECB target rate. Is this the first sign of the credit crunch in the real economy? I mean the ECB were throwing money around like a drunken sailor during December!

Need a bit target practice there.

Sounds a bit like most peoples target waistline.
And we all know how that particular fight usually works out.
The only way you reach it is when a serious illness sheds the weight for you.



It’s cash that’s disappeared. Hardly surprising given the “value” that is available in the stock markets! The credit binge continues unabated!