Monday, the Swiss National Bank said in a report that the M3 money supply increased 7.7% in October, at the same pace as in the previous month, revised from 7.8% growth reported initially. A year ago, the M3 money supply was up 2%.
The M2 money supply growth decreased to 38.9 in October from 41.9 in September, while the M1 money supply rose 42.3, smaller than the 47.7 in September.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.