The nation’s basic money supply, M1, rose...
The nation’s basic money supply, M1, rose by $4.8 billion in the week ended July 20, the Federal Reserve Board reported. The Fed said M1 rose to a seasonally adjusted $748.3 billion in the week ended July 20 from a revised $743.5 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. The previous week’s figure originally was estimated at $743.3 billion by the Fed.
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