M4
In the context of UK monetary economics, M4 refers to the broadest standard measure of money supply used by the Bank of England.
Definitions
In the context of UK monetary economics, M4 refers to the broadest standard measure of money supply used by the Bank of England. It encompasses notes and coins in circulation, retail bank deposits, wholesale bank deposits, and other liquid instruments. M4 is a key indicator monitored by economists and policymakers to assess credit conditions and inflationary pressures in the UK economy. Unlike narrower measures (M0, M1), M4 captures a very wide range of financial assets considered part of the money supply.
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(UK, money supply) broad money.
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