The nation’s basic money supply rose by...
The nation’s basic money supply rose by $5.4 billion during the third week of September, the Federal Reserve Board reported. The Fed said M1 rose to a seasonally adjusted $755.8 billion in the week ended Sept. 21 from a revised $750.4 billion the previous week. The Fed originally estimated the previous week’s total at $750.3 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
