Money Supply Indexes Rise: Two principal measures...

Money Supply Indexes Rise: Two principal measures of the nation’s money supply rose in the week ended Dec. 18, the Federal Reserve Board reported. The Fed said the narrowest measure of the money supply, M1, rose to a seasonally adjusted $795.7 billion from $793.2 billion the previous week. The measure known as M2 rose to a seasonally adjusted $3,215.6 billion from $3,208.7 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.