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The Federal Reserve Board reported that the...

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The Federal Reserve Board reported that the nation’s basic money supply, M1, rose $2.2 billion in the week ended Feb. 22. M1 rose to a seasonally adjusted $762.1 billion from $759.9 billion the week before. M2 rose to a seasonally adjusted $2,952.8 billion from $2,946.4 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus savings accounts and money market mutual funds.

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