AI Data Insight
In the first quarter of 2026, Japan's M3 money supply climbed to 1624.914 trillion yen, a slight expansion from the previous 1623.3327 trillion yen. Under the Bank of Japan's push for monetary policy normalization, funds have visibly flowed from demand deposits to quasi-money and certificates of deposit (CDs) that offer interest rate advantages. However, overall liquidity continues to expand steadily, supported by loan growth.