The narrowest measure of M1, the nation’s...
The narrowest measure of M1, the nation’s money supply, rose $6.3 billion in the week ended March 21 to a seasonally adjusted $766.7 billion from a revised $760.4 billion, the Federal Reserve reported. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2, a broader measure, rose $9.4 billion to a seasonally adjusted average of $2,976.5 billion from $2,967.1 billion the week before. M2 is M1 plus accounts like savings deposits and money market mutual funds.
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