Advertisement

The nation’s money supply rose in the...

Share

The nation’s money supply rose in the week ended April 18 the Federal Reserve Board said. The Fed’s narrowest measure of the money supply, M1, rose $300 million to a seasonally adjusted $766.6 billion from $766.3 billion the previous week. The measure known as M2 rose $600 million to a seasonally adjusted $2,991.5 billion from $2,990.9 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts like savings deposits and money market mutual funds.

Advertisement