The nation’s basic money supply grew by...
The nation’s basic money supply grew by $3.8 billion in the second week in September, the Federal Reserve Board reported. The Fed said M1 rose to a seasonally adjusted $750.3 billion in the week ended Sept. 14 from a revised $746.5 billion the previous week, originally reported as $746 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. For the latest 13 weeks, M1 averaged $748.9 billion and grew at a 0.1% seasonally adjusted annual rate from 13 weeks earlier.
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