The Federal Reserve Board reported that the...
The Federal Reserve Board reported that the narrowest measure of the nation’s money supply, M1, rose to a seasonally adjusted average of $785.1 billion in the week ended Nov. 21, up $5.5 billion from $779.6 billion reported a week earlier. A broader measure, M2, rose to a seasonally adjusted $3,058.0 billion, from $3,044.7 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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