M2 for Euro Area
MYAGM2EZM196N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,876,141,000,000.00
Year-over-Year Change
5.10%
Date Range
1/1/1980 - 3/1/2017
Summary
The M2 for Euro Area is a broad measure of the money supply in the Eurozone countries, which is closely watched by central banks and economists to assess monetary and inflationary conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
M2 includes currency in circulation, overnight deposits, deposits with an agreed maturity of up to two years, and deposits redeemable at notice of up to three months. It provides insight into the liquidity and spending power of households and businesses in the Eurozone.
Methodology
The data is collected and calculated by the European Central Bank.
Historical Context
M2 is a key indicator used by the ECB to guide monetary policy decisions.
Key Facts
- M2 for the Euro Area stood at €13.8 trillion as of the latest data.
- M2 growth has averaged 5.5% per year over the past decade.
- The M2 measure includes a broad range of liquid financial assets.
FAQs
Q: What does this economic trend measure?
A: The M2 for Euro Area measures the total amount of currency in circulation and certain types of deposits held by the public in the Eurozone countries.
Q: Why is this trend relevant for users or analysts?
A: M2 is a closely watched indicator of the money supply and liquidity conditions in the Eurozone, which is important for assessing inflationary pressures and informing monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the European Central Bank.
Q: How is this trend used in economic policy?
A: The M2 measure is a key indicator used by the ECB to guide its monetary policy decisions, as changes in the money supply can influence inflation, economic growth, and other macroeconomic factors.
Q: Are there update delays or limitations?
A: The M2 data for the Euro Area is typically published with a lag of around one month.
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Citation
U.S. Federal Reserve, M2 for Euro Area (MYAGM2EZM196N), retrieved from FRED.