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Euro zone bank lending showed continued growth last month, signaling a positive outlook as the impact of high European Central bank rates diminishes. Lending to companies in the euro zone increased by 1.1% in September, the highest rate since mid-2023, while lending to households rose by 0.7%, reaching its highest level since last October. Additionally, the M3 measure of money supply, a possible indicator of future economic growth, expanded by 3.2%, surpassing expectations and reaching a level last seen in December 2022.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
