UK M4 Money Supply Ex-IOFC Rises 2.8% Annualized Over 3 Months in August

Money growth accelerating beneath the headline is the kind of signal that tends to matter for rate expectations and, by extension, for liquidity-sensitive assets including crypto. The read matters most for anyone tracking sterling liquidity conditions or the Bank of England's next move, since faster money expansion can complicate an easing bias. Whether this three-month pickup extends into the coming readings, or proves a one-off, is the open question.