The narrowest measure of the nation’s money...
The narrowest measure of the nation’s money supply, M1, rose $2.4 billion to a seasonally adjusted $773.5 billion in the week ended June 6 from a revised $771.1 billion the previous week, according to a report from the Federal Reserve Board. A broader measure, M2, rose to a seasonally adjusted $3,018 billion from $3,011 billion the previous week. 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.
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