Money readily available for spending in the euro zone slowed unexpectedly in October, but household lending grew robustly, according to a report on Tuesday that bolstered the case for a moderate European Central Bank interest rate increase.
Money in checking and savings accounts, known as M3, grew at an 8.0 percent annual rate, down from 8.4 percent the prior month which was its strongest pace in over a year, the European Central Bank said.
