Mixed Money Figures: A broad measure of...

Mixed Money Figures: A broad measure of the nation’s money supply fell while a narrower measure rose in late February, the Federal Reserve Board reported. M3 fell $1.9 billion to a seasonally adjusted $3,942.6 billion in the week ended Feb. 27 from a revised $3,944.5 billion the previous week, originally reported as $3,945.9 billion. A narrower measure, M2, rose $4 billion to a seasonally adjusted $3,077.5 billion from $3,073.5 billion the previous week, revised from $3,076.6 billion. The narrowest measure, M1, held steady at a seasonally adjusted $789.2 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. M3 is M2 plus less liquid accounts such as certificates of deposit in minimum denominations of $100,000.