This essentially explains why no major central bank targets the money supply. (economist.com)
Headline inflation also generally softened as the impact of the commodity price rebound of the second half of 2016 faded, and remains at levels well below central bank targets in most advanced economies. (imf.org)
The question is whether this will translate to a push for euro zone inflation towards the European Central Bank target of just below two percent. (cnbc.com)