The Federal Reserve Board reported that the...
The Federal Reserve Board reported that the nation’s basic money supply fell by $3.4 billion in mid-February. The Fed said the measure of money known as M1 fell to a seasonally adjusted $760.7 billion in the week ended Feb. 8 from $764.1 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks.
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