SSPY - Money Supply Dips For First Time Since November
2024-03-28 02:25:00 ET
Summary
- Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates.
- The decrease in Money Supply occurred in February. February was a very modest drop of -0.4%.
- Non-seasonally adjusted numbers show data through early March, with a large uptick in the most recent period.
By SchiffGold
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect....
Money Supply Dips For First Time Since November