A broad measure of the nation’s money...
A broad measure of the nation’s money supply rose in the week ended Jan. 23, the Federal Reserve Board reported. The Fed said the measure known as M2 rose to a seasonally adjusted $3,072.6 billion in the week from $3,070.4 billion the previous week. The narrowest measure of the money supply, M1, rose to a seasonally adjusted $785.8 billion from a revised $783.6 billion. 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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