Today we release CFS monetary and financial measures for July 2020. CFS Divisia M4, which is the broadest and most important measure of money, grew by 31.0% in July 2020 on a year-over-year basis versus 31.3% in June.
For Monetary and Financial Data Release Report:
http://www.centerforfinancialstability.org/amfm/Divisia_Jul20.pdf
For more information about the CFS Divisia indices and the data in Excel:
http://www.centerforfinancialstability.org/amfm_data.php
Bloomberg terminal users can access our monetary and financial statistics by any of the four options:
1) ALLX DIVM <GO>
2) ECST T DIVMM4IY <GO>
3) ECST <GO> –> ‘Monetary Sector’ –> ‘Money Supply’ –> Change Source in top right to ‘Center for Financial Stability’
4) ECST S US MONEY SUPPLY <GO> –> From source list on left, select ‘Center for Financial Stability’
Monthly Archives: August 2020
Goodhart on “Deflation or Inflation”
CFS Advisory Board Member Charles Goodhart offers thoughts on “After Coronavirus: Deflation or Inflation?” Charles is a member of the Financial Markets Group at the London School of Economics and a former member of Bank of England’s Monetary Policy Committee.
Topics include:
– Understanding the past.
– Assessing “low for longer” and “inflation is a monetary phenomenon?”
– Offering potential future pathways for prices.
For full remarks:
http://centerforfinancialstability.org/research/Goodhart_Deflation_Inflation_081420.pdf