For example, the Securities and Exchange Commission is examining the potential for liquidity strains at mutual funds, and the Commodity Futures Trading Commission is working to understand the use of derivatives to hedge risks associated with leveraged loans. What else are we watching for? Business debt growth has moderated somewhat since early 2018, but this might be just a pause.
With regard to monetary developments, the annual growth rate of M3 in February 2000 was 6.2%, implying a small increase in the three-month moving average of annual M3 growth, to 5.9% for the period from December 1999 to February 2000.