The nation’s basic money supply tumbled $3.7...
The nation’s basic money supply tumbled $3.7 billion in late September. The Federal Reserve Board reported that the money measure, known as M1, fell to a seasonally adjusted $751.5 billion in the week ended Sept. 28 from a revised $755.2 billion the previous week, originally reported as $755.8 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks.
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