Term used in the ECB’s monetary statistics in connection with the refined analysis of M3. Portfolio shifts are filtered out of the M3 statistics. The resulting changes in M3 – the medium-term fluctuations – prove to be a good basis for forecasting inflation developments. – See aggregates, monetary, money supply, gold price, money overhang, real estate bubble, liquidity, M3, intermediary saving.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/