Money Supply Rises: The Federal Reserve Board...
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Money Supply Rises: The Federal Reserve Board reported that the narrowest measure of the nation’s money supply, M1, rose in the week ended Oct. 16 to a seasonally adjusted $789.0 billion from $786.9 billion. The measure known as M2 rose to a seasonally adjusted $3,179 billion from $3,171.3 billion the week before. 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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