The nation’s basic money supply rose to...
The nation’s basic money supply rose to a seasonally adjusted $769.3 billion from a revised $768.1 billion the previous week, the Federal Reserve Board announced. A broader measure of the money supply, M2, rose to a seasonally adjusted $3.009 trillion from $3.003 trillion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits and money market mutual funds.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
