Mr King explained that the bank had decided to expand the programme of asset purchases because more needed to be done to boost the supply of broad money.

金先生解释说，因为需要做更多的事情来扩大广义货币的供应，银行已经决定扩大购买资产计划。

youdao

Unlike the Federal Reserve, its older American cousin, it still collects and publishes estimates of M3, a broad measure of the money supply.

不像它的美国老兄弟美联储，欧洲央行依然在收集和发布对广义的货币供应指标M3的估值。

youdao

But definitions of this liquidity are pretty vague and tend to be based on broad measures of money supply or prices of risky assets, such as emerging-market debt.

但是流动性的定义是非常模糊的，倾向基于大量的货币供应量或者风险资产的价格，如新兴市场的借贷。

youdao

Our earlier use of this policy approach had little effect on the amount of currency in circulation or on other broad measures of the money supply, such as bank deposits.

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However, expansion of the monetary base does not necessarily lead to growth in broad money, which measures the supply of credit to businesses and consumers and which ultimately drives inflation.

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In Britain, for example, despite continued quantitative easing, the broad measure of money supply fell by 4.1% in the year to August.

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