The Federal Reserve reported that the narrowest...
The Federal Reserve reported that the narrowest measure of the nation’s money supply, M1, rose in the week ended Oct. 31 to a seasonally adjusted $784.4 billion from $780.8 billion. A broader measure, known as M2, rose to a seasonally adjusted $3,040.2 billion from $3,035.6 billion the week before. 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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