Monetary Aggregates and Their Components: Broad Money and Components: M3 for OECD

OECDMABMM301IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

169.25

Year-over-Year Change

-1.23%

Date Range

1/1/1980 - 8/1/2023

Summary

The M3 monetary aggregate measures the total money supply, including currency, deposits, and other liquid assets, for OECD countries. It provides insights into economic activity and inflation pressures.

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

M3 is a broad measure of the money supply that includes currency, checking and savings deposits, and other highly liquid assets. It is a key indicator used by central banks and economists to assess the state of the economy and inflationary trends.

Methodology

The data is collected and aggregated by the OECD from national sources.

Historical Context

Trends in M3 are closely monitored by policymakers and analysts to inform monetary policy decisions.

Key Facts

  • M3 is a broad measure of the money supply.
  • It includes currency, deposits, and other liquid assets.
  • M3 trends are used to assess economic activity and inflation.

FAQs

Q: What does this economic trend measure?

A: The M3 monetary aggregate measures the total money supply, including currency, deposits, and other highly liquid assets, for OECD countries.

Q: Why is this trend relevant for users or analysts?

A: Trends in M3 provide insights into economic activity and inflationary pressures, which are closely monitored by central banks and economists.

Q: How is this data collected or calculated?

A: The data is collected and aggregated by the OECD from national sources.

Q: How is this trend used in economic policy?

A: Trends in M3 are closely monitored by policymakers and analysts to inform monetary policy decisions.

Q: Are there update delays or limitations?

A: The data is subject to the timeliness and accuracy of the national sources used by the OECD.

Related Trends

Citation

U.S. Federal Reserve, Monetary Aggregates and Their Components: Broad Money and Components: M3 for OECD (OECDMABMM301IXOBSAM), retrieved from FRED.