Advertisement

Money Supply Increases: The Federal Reserve Board...

Share

Money Supply Increases: The Federal Reserve Board reported that M2, a broad measure of the nation’s money supply, rose in the week ended April 3 to a seasonally adjusted $3,083.9 billion from $3,078.7 billion the week before. The narrowest measure of the money supply, M1, fell to a seasonally adjusted $781.1 billion from $787.2 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus savings deposits and money market mutual funds.

Advertisement