Monetary Aggregates and Their Components: Broad Money and Components: M3 for Switzerland
MABMM301CHM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,132,535,000,000.00
Year-over-Year Change
-3.32%
Date Range
12/1/1971 - 11/1/2023
Summary
The M3 monetary aggregate tracks broad money supply in Switzerland, a key indicator of economic 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
M3 is a comprehensive measure of the Swiss money supply, including currency, demand deposits, and various types of time and savings deposits. It is closely monitored by the Swiss National Bank and used to assess monetary policy and inflationary pressures.
Methodology
The data is collected and calculated by the Swiss National Bank.
Historical Context
M3 is a vital economic indicator for policymakers and financial markets in Switzerland.
Key Facts
- M3 includes cash, checking accounts, and short-term deposits.
- M3 is considered a more comprehensive measure of money supply than narrower aggregates like M1.
- The Swiss National Bank uses M3 as a key policy target and indicator of inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The M3 monetary aggregate measures the broad money supply in Switzerland, including cash, checking accounts, and various types of savings and time deposits.
Q: Why is this trend relevant for users or analysts?
A: M3 is a vital indicator of economic and inflationary conditions in Switzerland, closely monitored by the Swiss National Bank and used to inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Swiss National Bank.
Q: How is this trend used in economic policy?
A: The Swiss National Bank uses the M3 money supply as a key policy target and indicator to assess monetary conditions and inflationary pressures in the Swiss economy.
Q: Are there update delays or limitations?
A: The M3 data is published regularly by the Swiss National Bank with minimal delays.
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Citation
U.S. Federal Reserve, Monetary Aggregates and Their Components: Broad Money and Components: M3 for Switzerland (MABMM301CHM189N), retrieved from FRED.