Money Supply Rises: The narrowest measure of...
Money Supply Rises: The narrowest measure of the money supply, M1, rose in the week ended July 10 to a seasonally adjusted $778.7 billion from $777.4 billion the week before, the Federal Reserve Board reports. A broader measure known as M2 rose to a seasonally adjusted $3,119.1 billion from $3,101.6 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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